United States · Bill · S
S. 4514 (117th)
Countering Economic Coercion Act of 2022
Introduced
13 July 2022
Last action
13 July 2022 · Introduced
Status
Read twice and referred to the Committee on Foreign Relations.
Sponsors
Sen. Young, Todd [R-IN], Sen. Coons, Christopher A. [D-DE], Sen. Durbin, Richard J. [D-IL], Sen. Sullivan, Dan [R-AK]
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Countering Economic Coercion Act of 2022 This bill authorizes the President to take certain actions to assist foreign trading partners affected by economic coercion. Economic coercion refers to actions or threats undertaken by a foreign adversary to restrain, obstruct, or manipulate trade, foreign aid, investment, or commerce with the intent to cause economic harm or influence sovereign political actions. Specifically, the bill authorizes the President (upon a determination that a foreign trading partner is subject to economic coercion) to exercise specified authorities to support or assist the foreign trading partner. These authorities include, among others, decreasing duties or modifying tariff-rate quotas on imports from the foreign trading partner, requesting appropriations for foreign aid, and expediting export licensing decisions and regulatory processes. The President must consult with Congress prior to exercising any authority. Additionally, the President must publish notice in the Federal Register related to the exercise of such authority. Any determination of economic coercion must be revoked at the earliest of (1) two years from the date of determination, (2) upon a joint resolution of Congress, or (3) when the President revokes the determination. The bill also directs the President to endeavor to coordinate with other foreign trading partners to broaden economic support for the foreign trading partner.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 July 2022
Introduced
Read twice and referred to the Committee on Foreign Relations.
Source: IntroReferral
13 July 2022
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 13 July 2022 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 13 July 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 13 July 2022
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Introduced in Senate
summary · EN · 13 July 2022
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Young, Todd [R-IN] · R · Sponsor
- Sen. Coons, Christopher A. [D-DE] · D · Sponsor
- Sen. Durbin, Richard J. [D-IL] · D · Cosponsor
- Sen. Sullivan, Dan [R-AK] · R · Cosponsor
- · ssfr00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/4514
- Open data entity: https://api.congress.gov/v3/bill/117/s/4514
- us · 117-s-4514 · source updated 14 January 2025