,i #aag? ,,congress #a/ ,session ,h4 ,r4 #eehj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #ae1 #bjba,mr4 ,b]a 7= himself1 ,mrs4 ,wagn]1 ,mr4 ,ca/ro ( ,texas1 ,mr4 ,*abot1 ,ms4 ,titus1 ,mr4 ,fitzpatrick1 & ,mr4 ,v>gas7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to e/abli% an int]ag5cy task =ce to respond to ,p's ,republic ( ,*9a co]cive economic measures1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,c\nt]+ ,*9a ,economic ,co]cion ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,! ,gov]nm5t ( ! ,p's ,republic ( ,*9a 7,,prc7 has us$ co]cive economic measures aga9/ gov]nm5ts1 bus9esses1 organizations1 o!r entities1 & individuals to puni% !m = act+ 9 ways ! ,gov]nm5t ( ! ,,prc sees z *all5g+ ,,prc int]e/s1 & to pressure or o!rwise influ5ce !m to (f] policy concessions to ! ,,prc4 7#b7 ,9 an app>5t ef=t to provide itself m plausible d5iability & great] policy flexibility1 ! ,,prc (t5 does n =mally l9k a =eign policy dispute or grievance to ! co]cive measure x uses1 opt+ = in=mal or extralegal measures r ?an =mal1 publi%$ f9ancial sanctions1 trade controls1 or inve/m5t re/rictions4 7#c7 ,! ,,prc has also increas+ly s\ght to =malize "s ( its co]cive economic measures ?r\gh laws & measures t include /r5g!n+ its export control regime ?r\gh ! enactm5t ( a new ,export ,control ,law & creation ( an ,unreliable ,entities ,li/4 7#d7 ,9 #bjaj1 ! ,,prc halt$ %ipm5ts ( r>e e>? elem5ts to ,japan dur+ a /&(f ov] a cla% betwe5 ! ,japan ,coa/ ,gu>d & a ,*9ese fi%+ vessel 9 disput$ wat]s 9 ! ,ea/ ,*9a ,sea4 7#e7 ,! ,,prc t>get$ ,norway aft] an indep5d5t gr\p aw>d$ ! #bjaj ,nobel ,peace ,prize to imprison$ ,*9ese dissid5t ,liu ,xiaobo4 ,9 addition to freez+ diplomatic relations & halt+ negotiations ov] a possible trade deal1 ! ,,prc impos$ sanit>y & phytosanit>y 7,,sps7 measures to re/rict ,norwegian salmon exports to ,*9a4 ,salmon exports to ,*9a resum$ 9 #bjaf only aft] ,norway pl$g$ n to 8support any actions t und]m9e0 ,*9a's core int]e/s & /at$ t its own actions _h h>m$ 8mutual tru/04 7#f7 ,9 #bjab1 ! ,,prc block$ banana imports f ! ,philipp9es on ! pretext ( ,,sps issues & w>n$ ,*9ese t\ri/s aga9/ visit+ ! ,philipp9es 9 response to a /&(f ov] disput$ ,sc>bor\gh ,%oal 9 ! ,s\? ,*9a ,sea4 7#g7 ,foll[+ ! election ( ,taiwan ,presid5t ,tsai ,+-w5 9 #bjaf1 ! ,,prc respond$ to ,tsai's unwill+ness to explicitly endorse ! t]ms ( ! #aiib ,cons5sus by curb+ ! numb] ( ma9l& t\ri/s & /ud5ts all[$ to travel to ,taiwan4 7#h7 ,9 #bjaf1 ! ,,prc retaliat$ aga9/ ,mongolia = ho/+ ,8 ,hol9ess ! #ad? ,dalai ,lama by rais+ fees on commodity imports f ,mongolia1 creat+ delays at a major bord] cross+1 & cancel+ negotiations ov] a loan to ! ,mongolian gov]nm5t4 7#i7 ,foll[+ ,s\? ,korea's #bjaf decision to jo9 ! ,unit$ ,/ates 9 deploy+ a ,unit$ ,/ates missile def5se sy/em to def5d aga9/ ,nor? ,korea's missile ?reat1 ! ,,prc took ! foll[+ actions t is e/imat$ to h co/ ,s\? ,korea #g4e billion doll>s 9 losses 9 #bjag alone3 7,a7 ,re/rict$ ,s\? ,korean ent]ta9m5t & o!r cultural exports f ent]+ ,*9a4 7,b7 ,bann$ ! sale ( c]ta9 ,s\? ,korea h\sehold products1 includ+ cosmetics1 high-te* toilet seats1 air purifi]s1 & food4 7,c7 ,re/rict$ t\rism betwe5 ! two c\ntries by ord]+ travel ag5cies n to provide ,s\? ,korean t\r packages & by reject+ ,korean airl9es' applications to increase *>t] flights betwe5 ! two c\ntries4 7,d7 ,t>get$ ! ,*9a bus9ess ( ,lotte1 a ,s\? ,korean conglom]ate1 by susp5d+ new factories1 laun*+ cyb]attacks aga9/ ,lotte's website1 & clos+ significant numb]s ( ,lotte ,m>t /ores 9 ,*9a = alleg$ safety violations4 7#aj7 ,aft] ! ,gov]nm5t ( ,au/ralia call$ = an indep5d5t inquiry into ! orig9s ( ! ,,s>s-,co,v-#b virus 9 #bjbj1 ! ,,prc retaliat$ by impos+ t>iffs on ,au/ralian w9e & b>ley exports1 plac+ re/rictions on o!r commodities1 & ?reat5+ to enc\rage ,*9ese /ud5ts to boycott ,au/ralian univ]sities4 #c4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 ! ,p's ,republic ( ,*9a's 7,,prc7 increas+ use ( economic co]cion aga9/ =eign gov]nm5ts1 companies1 organizations1 o!r entities1 & individuals requires t ! ,unit$ ,/ates bett] und]/& ^! measures 9 ord] to devise a compreh5sive1 effective1 & multilat]al response2 7#b7 ! private sector is a crucial p>tn] 9 help+ ! ,unit$ ,/ates ,gov]nm5t und]/& ! ,,prc's co]cive economic measures & hold ! ,,prc acc\ntable1 & t additional bus9ess transp>5cy w\ld help ! ,unit$ ,/ates ,gov]nm5t & private sector /akehold]s conduct e>ly assessm5ts ( pot5tial pressure po9ts & vuln]abilities2 & 7#c7 ,,prc co]cive economic measures creates pressures = ! private sector to behave 9 ways anti!tical to ,unit$ ,/ates national int]e/s & competitiv5ess4 #d4 ,int]ag5cy task =ce 7a7 ,e/abli%m5t ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all e/abli% an int]ag5cy task =ce to be kn[n z ! ,c\nt]+ ,economic ,co]cion ,task ,=ce 7ref]r$ to 9 ?is section z ! ,task ,=ce74 7b7 ,duties 7#a7 ,9 g5]al ,! ,task ,=ce %all-- 7,a7 ov]see ! developm5t & implem5tation ( an integrat$ ,unit$ ,/ates ,gov]nm5t /rategy to respond to ,p's ,republic ( ,*9a 7,,prc7 co]cive economic measures1 :i* %all include-- 7i7 sy/ematically monitor+ & evaluat+-- 7,i7 ! co/s ( su* measures on ,unit$ ,/ates bus9esses & ov]all ,unit$ ,/ates economic p]=mance2 7,,ii7 in/ances 9 :i* su* measures tak5 aga9/ a non-,,prc entity has b5efitt$ ,unit$ ,/ates p>ties2 & 7,,iii7 ! impacts su* measures h _h on ,unit$ ,/ates national int]e/s2 & 7ii7 facilitat+ coord9ation among ,f$]al dep>tm5ts & ag5cies :5 respond+ to su* measures z well z proactively det]r+ su* economic co]cion2 7,b7 consult ) ,unit$ ,/ates allies & p>tn]s on ! feasibility & desirability ( collectively id5tify+1 assess+1 & respond+ to ,,prc co]cive economic measures1 z well z actions t c\ld be tak5 to exp& coord9ation ) ! goal ( ensur+ a consi/5t1 coh]5t1 & collective response to su* measures & e/abli%+ long-t]m det]r5ce to su* measures2 7,c7 effectively engage ! ,unit$ ,/ates private sector1 p>ticul>ly sectors1 gr\ps1 or o!r entities t are susceptible to su* ,,prc co]cive economic measures1 on conc]ns relat$ to su* measures2 & 7,d7 develop & implem5t a process = regul>ly %>+ relevant in=mation1 includ+ classifi$ in=mation to ! ext5t appropriate & practicable1 on su* ,,prc co]cive economic measures ) ,unit$ ,/ates allies1 p>tn]s1 & ! private sector4 7#b7 ,consultation ,9 c>ry+ out its duties "u ?is subsection1 ! ,task ,=ce %\ld regul>ly consult1 to ! ext5t necess>y & appropriate1 ) ! foll[+3 7,a7 ,relevant /akehold]s 9 ! private sector4 7,b7 ,f$]al dep>tm5ts & ag5cies t are n repres5t$ on ! ,task ,=ce4 7,c7 ,unit$ ,/ates allies & p>tn]s4 7c7 ,memb]%ip ,! ,presid5t %all-- 7#a7 appo9t ! *air ( ! ,task ,=ce f among ! /aff ( ! ,national ,security ,c\ncil2 7#b7 appo9t ! vice *air ( ! ,task ,=ce f among ! /aff ( ! ,national ,economic ,c\ncil2 & 7#c7 direct ! head ( ea* ( ! foll[+ ,f$]al dep>tm5ts & ag5cies to appo9t p]sonnel at ! level ( ,assi/ant ,secret>y or above to p>ticipate 9 ! ,task ,=ce3 7,a7 ,! ,dep>tm5t ( ,/ate4 7,b7 ,! ,dep>tm5t ( ,comm]ce4 7,c7 ,! ,dep>tm5t ( ! ,treasury4 7,d7 ,! ,dep>tm5t ( ,ju/ice4 7,e7 ,! ,(fice ( ! ,unit$ ,/ates ,trade ,repres5tative4 7,f7 ,! ,dep>tm5t ( ,agriculture4 7,g7 ,! ,(fice ( ! ,director ( ,national ,intellig5ce & o!r appropriate elem5ts ( ! intellig5ce community 7z def9$ 9 section #c ( ! ,national ,security ,act ( #aidg 7#ej ,u4,s4,c4 #cjjc774 7,h7 ,! ,securities & ,ex*ange ,commission4 7,i7 ,! ,unit$ ,/ates ,int]national ,developm5t ,f9ance ,corporation4 7,j7 ,any o!r dep>tm5t or ag5cy designat$ by ! ,presid5t4 7d7 ,reports 7#a7 ,initial report ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,task ,=ce %all submit to ! appropriate congressional committees a report t includes ! foll[+ elem5ts3 7,a7 ,a compreh5sive review ( ! array ( economic tools ! ,gov]nm5t ( ! ,p's ,republic ( ,*9a 7,,prc7 employs or c\ld employ 9 ! future to co]ce o!r gov]nm5ts1 non-,,prc companies 7includ+ ,unit$ ,/ates companies71 & multilat]al in/itutions & organizations1 includ+ ! ,gov]nm5t ( ! ,,prc's cont9u$ ef=ts to codify in=mal practices into its dome/ic law4 7,b7 ,! /rategy requir$ by subsection 7b77#a77;,a74 7,c7 ,an int]ag5cy def9ition ( ,,prc co]cive economic measures t captures bo?-- 7i7 ! use ( in=mal or extralegal ,,prc co]cive economic measures2 & 7ii7 ! illegitimate use ( =mal economic tools4 7,d7 ,a compreh5sive review ( ! array ( economic & diplomatic tools ! ,unit$ ,/ates ,gov]nm5t employs or c\ld employ to respond to economic co]cion aga9/ ! ,unit$ ,/ates & ,unit$ ,/ates allies & p>tn]s4 7,e7 ,a li/ ( unilat]al or multilat]al-- 7i7 proactive measures to def5d or det] aga9/ ,,prc co]cive economic measures2 & 7ii7 actions tak5 9 response to ! ,gov]nm5t ( ! ,,prc's g5]al use ( co]cive economic measures4 7,f7 ,an assessm5t ( areas 9 :i* ,unit$ ,/ates allies & p>tn]s are vuln]able to ,,prc co]cive economic measures4 7,g7 ,a description ( gaps 9 exi/+ res\rces or capabilities = ,unit$ ,/ates ,gov]nm5t dep>tm5ts & ag5cies to respond effectively to ,,prc co]cive economic measures direct$ at ,unit$ ,/ates entities & assi/ ,unit$ ,/ates allies & p>tn]s 9 _! responses to ,,prc co]cive economic measures4 7#b7 ,int]im reports 7,a7 ,fir/ int]im report ,n lat] ?an "o ye> aft] ! date on :i* ! report requir$ by p>agraph 7#a7 is submitt$ to ! appropriate congressional committees1 ! ,task ,=ce %all submit to ! appropriate congressional committees a report t includes ! foll[+ elem5ts3 7i7 ,updates to in=mation requir$ by subp>agraphs 7,a7 ?r\gh 7,g7 ( p>agraph 7#a74 7ii7 ,a description ( activities conduct$ by ! ,task ,=ce to implem5t ! /rategy requir$ by subsection 7b77#a77;,a74 7,b7 ,second int]im report ,n lat] ?an "o ye> aft] ! date on :i* ! report requir$ by subp>agraph 7,a7 is submitt$ to ! appropriate congressional committees1 ! ,task ,=ce %all submit to ! appropriate congressional committees a report t includes an update to ! elem5ts requir$ "u ! report requir$ by subp>agraph 7,a74 7#c7 ,f9al report ,n lat] ?an #cj days aft] ! date on :i* ! report requir$ by p>agraph 7#b77;,b7 is submitt$ to ! appropriate congressional committees1 ! ,task ,=ce %all submit to ! appropriate congressional committees & also make available to ! public on ! website ( ! ,executive ,(fice ( ! ,presid5t a f9al report t includes ! foll[+ elem5ts3 7,a7 ,an analysis ( ,,prc co]cive economic measures & ! co/ ( su* co]cive measures to ,unit$ ,/ates bus9esses4 7,b7 ,a description ( areas ( possible p>ticul> vuln]ability = ,unit$ ,/ates bus9esses & bus9esses ( ,unit$ ,/ates p>tn]s & allies4 7,c7 ,recomm5dations on h[ to cont9ue ! ef=t to c\nt] ,,prc co]cive economic measures4 7,d7 ,a li/ ( cases made public "u subsection 7e74 7#d7 ,=m 7,a7 ,initial & int]im reports ,! reports requir$ by p>agraphs 7#a71 7#b77;,a71 & 7#b77;,b7 %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex4 7,b7 ,f9al report ,! report requir$ by p>agraph 7#c7 %all be submitt$ 9 unclassifi$ =m1 b may include a classifi$ annex4 7e7 ,publicly available li/ 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,task ,=ce %all to ! ext5t practicable make available to ! public on ! website ( ! ,executive ,(fice ( ! ,presid5t a li/ ( cases 9 ! pa/ six mon?s 9 :i* ! ,,prc is kn[n to h direct$ co]cive economic measures aga9/ a non-,,prc entity4 7#b7 ,updates ,! li/ requir$ by p>agraph 7#a7 %\ld be updat$ e #ahj days1 & %all be manag$ by ! ,dep>tm5t ( ,/ate aft] ! t]m9ation ( ! ,task ,=ce "u subsection 7f74 7f7 ,sunset 7#a7 ,9 g5]al ,! ,task ,=ce %all t]m9ate at ! end ( ! #fj-;day p]iod beg9n+ on ! date on :i* ! f9al report requir$ by subsection 7d77#c7 is submitt$ to ! appropriate congressional committees & made publicly available4 7#b7 ,additional actions ,! ,task =ce may use ! #fj-;day p]iod ref]r$ to 9 p>agraph 7#a7 = ! purposes ( conclud+ its activities1 includ+ provid+ te/imony to ,congress conc]n+ ! f9al report requir$ by subsection 7d77#c74 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives2 & 7,b7 ! ,committee on ,=eign ,relations ( ! ,s5ate4 7#b7 ,co]cive economic measures ,! t]m co]cive economic measures includes =mal or in=mal re/rictions or conditions1 su* z on trade1 inve/m5t1 developm5t aid1 & f9ancial fl[s1 int5d$ to impose economic co/s on a non-,p's ,republic ( ,*9a t>get 9 ord] to a*ieve /rategic political objectives1 includ+ influ5ce ov] ! policy decisions ( a =eign gov]nm5t1 company1 organization1 or individual4