Last progress March 27, 2025 (8 months ago)
Introduced on March 27, 2025 by Margaret Wood Hassan
Read twice and referred to the Committee on Finance.
This bill tells the U.S. Trade Representative to keep close watch on industrial subsidies from the Chinese government. The office must track existing subsidies and plans for new or bigger ones, working with agencies such as Commerce, State, Agriculture, Energy, Labor, Transportation, and the Small Business Administration to spot risks to U.S. jobs and manufacturing, especially in key industries and goods.
It also requires a yearly report to Congress, starting within one year after the law takes effect. The report must name the subsidies that could hurt U.S. employment and production and suggest steps the U.S. could take to reduce the harm.