[Congressional Record Volume 169, Number 93 (Wednesday, May 31, 2023)]
[Senate]
[Page S1850]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 93. Mr. HAWLEY submitted an amendment intended to be proposed by 
him to the bill H.R. 3746, to provide for a responsible increase to the 
debt ceiling; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. __. 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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