3.0.0 1002 2023-01-11T20:03:16Z 2023-01-11T20:03:16Z House H HR 2007-02-12 110 hswm00 Ways and Means Committee House Standing hswm04 Trade Subcommittee Referred to 2007-02-20T17:30:51Z Referred to 2007-02-12T17:33:25Z 2007-02-20 hswm04 Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Trade. Committee 2007-02-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-02-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-02-12 Introduced in House IntroReferral 1000 9 Library of Congress S000749 Rep. Spratt, John M., Jr. [D-SC-5] JOHN SPRATT D SC M. 5 N M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2007-02-12 True B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2007-03-23 False Foreign Trade and International Finance Balance of payments China Congress Congress and foreign policy Congressional oversight Congressional reporting requirements Countervailing duties Currency devaluation East Asia Foreign exchange Government Operations and Politics International Affairs International competitiveness President and foreign policy Trade negotiations Foreign Trade and International Finance 00 2007-02-12 Introduced in House 2007-03-15T21:13:55Z Imposes an additional duty rate of 27.5 % ad valorem on any article imported into the United States that is the growth, product, or manufacture of the People's Republic of China (PRC) unless the President certifies to Congress that: (1) the PRC is no longer manipulating the exchange rate between its currency and the U.S. dollar in order to prevent an effective balance of payments and gain an unfair international trade advantage; and (2) the PRC's currency is valued in accordance with accepted market-based trading policies.

Directs the Secretary of the Treasury to begin negotiations with the PRC for adoption of a market-based currency valuation.

]]> To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful. Official Title as Introduced To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful. Introduced in House IH Display Title To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful. Introduced in House 2007-02-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr1002ih/xml/BILLS-110hr1002ih.xml 2007-02-20 Referred to the Subcommittee on Trade. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.