[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 1537 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 1537

To require the imposition of additional duties with respect to articles 
 imported from the People's Republic of China until trade between the 
  United States and the People's Republic of China comes into balance.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 10, 2023

  Mr. Hawley introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To require the imposition of additional duties with respect to articles 
 imported from the People's Republic of China until trade between the 
  United States and the People's Republic of China comes into balance.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Raising Tariffs on Imports from 
China Act of 2023''.

SEC. 2. IMPOSITION OF DUTIES TO BALANCE TRADE WITH THE PEOPLE'S 
              REPUBLIC OF CHINA.

    (a) Calculation of Trade With the People's Republic of China.--Not 
later than January 31 of each year, the President shall calculate and 
publish in the Federal Register, for the preceding calendar year--
            (1) the total value of articles imported into the United 
        States from the People's Republic of China; and
            (2) the total value of articles exported from the United 
        States to the People's Republic of China.
    (b) Imposition of Duties.--
            (1) In general.--If the total value calculated under 
        paragraph (1) of subsection (a) exceeds the total value 
        calculated under paragraph (2) of that subsection for the 
        preceding calendar year, the President shall impose an 
        additional duty with respect to each article imported into the 
        United States from the People's Republic of China of 25 percent 
        ad valorem.
            (2) Additional duties.--A duty imposed under paragraph (1) 
        shall be in addition to any duty previously applicable with 
        respect to an article.
    (c) Continued Imposition of Duties.--The duties imposed under 
subsection (b) with respect to articles imported into the United States 
from the People's Republic of China shall remain in effect until the 
total value calculated under paragraph (1) of subsection (a) is equal 
to or less than the total value calculated under paragraph (2) of that 
subsection for the preceding calendar year.
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