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Increased Transparency for Companies on Forced Labor and China Ties.

New regulations require companies importing products into the U.S. to disclose information about their supply chains, especially if there's a risk of forced labor from China's Xinjiang region. This aims to increase consumer and business awareness of product origins and ethical business practices. Citizens will have access to more information about where products come from and whether companies adhere to ethical standards.
Key points
Publicly traded companies must report on their sourcing and due diligence activities to ensure products are not linked to forced labor from Xinjiang, China.
Companies will need to disclose transactions with entities on specific U.S. government lists, including those designated as Chinese Military-Industrial Complex Companies.
U.S. publicly traded companies with facilities in China must annually report on the presence of Chinese Communist Party committees within their operations and their involvement in corporate decisions.
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Additional Information
Print number: 119_S_1358
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2025-04-08