This section directs that normal trade relations (NTR) treatment shall not apply to products of the People’s Republic of China and that NTR may not thereafter be extended to those products under chapter 1 of title IV (19 U.S.C. 2431 et seq.); requires that the rates in column 2 of the Harmonized Tariff Schedule of the United States apply to those products; and authorizes the President to proclaim increases above those column 2 rates.