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United States · Bill · HR

H.R. 1575 (109th)

To authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulation are not successful.

referredUnited States· United States Congress· EN

Introduced

12 April 2005

Last action

19 April 2005 · Referred

Status

Referred to the Subcommittee on Trade.

Sponsors

Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Spratt, John M., Jr. [D-SC-5], Rep. Burton, Dan [R-IN-5], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. McCotter, Thaddeus G. [R-MI-11], Sen. Brown, Sherrod [D-OH], Rep. McIntyre, Mike [D-NC-7], Rep. Green, Gene [D-TX-29], Rep. Foxx, Virginia [R-NC-5], Rep. Souder, Mark E. [R-IN-3], Rep. Hayes, Robin [R-NC-8], Rep. Otter, C. L. (Butch) [R-ID-1], Rep. Barrett, J. Gresham [R-SC-3], Rep. Upton, Fred [R-MI-6], Rep. Ehlers, Vernon J. [R-MI-3], Rep. Davis, Jo Ann [R-VA-1], Rep. Taylor, Charles H. [R-NC-11], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. McHugh, John M. [R-NY-23], Rep. Berry, Marion [D-AR-1], Rep. Dingell, John D. [D-MI-12], Rep. Costello, Jerry F. [D-IL-12], Rep. Terry, Lee [R-NE-2], Rep. Kildee, Dale E. [D-MI-5], Rep. Goodlatte, Bob [R-VA-6], Rep. Lipinski, Daniel [D-IL-3], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Rogers, Harold [R-KY-5], Rep. Miller, Candice S. [R-MI-10], Rep. Hoekstra, Peter [R-MI-2], Rep. Wolf, Frank R. [R-VA-10], Rep. Deal, Nathan [R-GA-9], Rep. Holt, Rush [D-NJ-12], Rep. Andrews, Robert E. [D-NJ-1], Rep. Strickland, Ted [D-OH-6], Del. Norton, Eleanor Holmes [D-DC-At Large]

Subjects

Discovery layer

Source updated

7 February 2024

Official sourceDownload fileView documentsShare

Summary

Imposes an additional duty rate of 27.5 percent ad valorem on any article imported into the United States that is the growth, product, or manufacture of the People's Republic of China (PRC) unless the President certifies to Congress that: (1) the PRC is no longer manipulating the exchange rate between its currency and the U.S. dollar in order to prevent an effective balance of payments and gain an unfair international trade advantage; and (2) the PRC's currency is valued in accordance with accepted market-based trading policies. Directs the Secretary of the Treasury to begin negotiations with the PRC for adoption of a market-based currency valuation.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 April 2005

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 12 April 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 12 April 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 19 April 2005

    Referred

    Referred to the Subcommittee on Trade.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 12 April 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 12 April 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 12 April 2005

    Open at official source

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Sponsors

Related records

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Sources

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