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US-China Economic Integration: Strategic Assessment Reports

This act mandates regular government reports on the economic ties between the United States and China. The goal is to assess how these relationships impact various economic sectors and whether they should change, potentially affecting product availability and prices for citizens.
Key points
The government will assess every three years how the US and Chinese economies are integrated in key sectors like electronics, automobiles, and financial services.
Reports will include recommendations for changes to US trade law, which could influence imports, exports, and overall trade policy, impacting jobs and goods prices.
Citizens and businesses will have the opportunity to provide input during public hearings, ensuring their perspectives are considered in the decision-making process.
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Additional Information
Print number: 117_S_5352
Sponsor: Sen. Portman, Rob [R-OH]
Process start date: 2022-12-21