A bill to authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency are not successful.

Summary

Imposes an additional duty of 27.5 percent on Chinese goods imported into the United States unless the President submits a certification to Congress that the People's Republic of China (PRC) is no longer manipulating the rate of exchange and is complying with accepted market-based trading policies. Directs the Secretary of the Treasury to negotiate with the PRC to ensure a process that leads to a market-based system of currency valuation.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 3 February 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 3 February 2005

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• Introduced in Senate

  summary · EN · 3 February 2005

  Open at official source

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