,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dead  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ac1 #bjbb,mr4   
,"y 7= himself & ,mr4 ,coons7 introduc$ 
! foll[+ bill2 :i* 0 read twice & ref]r$
 to ! ,committee on ,=eign ,relations   
,a ,,bill  ,to grant c]ta9 au?orities to
 ! ,presid5t to combat economic co]cion 
by =eign adv]s>ies1 & = o!r purposes4   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,c\nt]+ ,economic ,co]cion ,act (     
#bjbb4  #b4 ,s5se ( ,congress ,! foll[+ 
is ! s5se ( ,congress3 7#a7 ,=eign      
adv]s>ies are increas+ly us+ economic   
co]cion to pressure1 puni%1 & influ5ce  
=eign trad+ p>tn]s4  7#b7 ,economic     
co]cion causes economic h>m to =eign    
trad+ p>tn]s & creates malign influ5ce  
on ! sov]eign political actions ( =eign 
trad+ p>tn]s4  7#c7 ,economic co]cion ( 
=eign trad+ p>tn]s has negative effects 
on ! national security ( ! ,unit$       
,/ates4  7#d7 ,economic co]cion is (t5  
*>act]iz$ by-- 7,a7 arbitr>y &          
discrim9atory actions t run c\nt] to !  

rules-bas$ int]national ord]2  7,b7     
caprici\s & non-transp>5t actions tak5  
)\t due process af=d$2  7,c7            
intimidation or ?reats ( punitive       
actions2 &  7,d7 in=mal actions t take  
place )\t explicit gov]nm5t action4     
7#e7 ,rec5t acts ( economic co]cion h   
includ$ in/ances 9 :i* =eign adv]s>ies  
h-- 7,a7 arbitr>ily re/rict$            
transportation ( exports f a =eign trad+
 p>tn] to ! =eign adv]s>y2  7,b7 act$ 9 
a caprici\s & non-transp>5t mann] to    
prev5t or dissuade consum]s f pur*as+   
imports f a =eign trad+ p>tn]2  7,c7    
enact$ arbitr>y te*nical b>ri]s to trade
 9 goods & s]vices 9 response to        
political actions tak5 by a =eign trad+ 
p>tn]2  7,d7 arbitr>ily re/rict$ m>ket  
access or o!rwise limit$ ! import (     
goods or s]vices f a =eign trad+ p>tn]2 
7,e7 arbitr>ily re/rict$ inve/m5t 9 or  
export ( goods or s]vices to a =eign    
trad+ p>tn]2 &  7,f7 act$ 9 a           
non-transp>5t mann] to manipulate a     
private entity ) ! int5t ( caus+        

economic h>m to or influ5c+ sov]eign    
political actions ( a =eign trad+ p>tn]4
  7#f7 ,exi/+ me*anisms = trade dispute 
resolution & int]national arbitration   
are inadequate = respond+ to economic   
co]cion 9 a timely & effective mann] z  
=eign adv]s>ies exploit plausible       
d5iability & l5g?y processes4  7#g7 ,!  
,unit$ ,/ates %\ld provide mat]ial      
support to =eign trad+ p>tn]s affect$ by
 economic co]cion4  7#h7 ,respond+ to   
economic co]cion w be mo/ effective :5 !
 ,unit$ ,/ates provides relief to       
affect$ =eign trad+ p>tn]s 9 coord9ation
 ) allies & l-m9d$ c\ntries4  7#i7 ,su* 
coord9ation w fur!r demon/rate broad    
resolve aga9/ economic co]cion4  #c4    
,def9itions ,9 ?is ,act3 7#a7 ,economic 
co]cion ,! t]m economic co]cion means   
actions1 measures1 or ?reats und]tak5 by
 a =eign adv]s>y to re/ra91 ob/ruct1 or 
manipulate trade1 =eign aid1 inve/m5t1  
or comm]ce 9 an arbitr>y1 caprici\s1 or 
non-transp>5t mann] ) ! int5tion to     
cause economic h>m or influ5ce sov]eign 

political actions4  7#b7 ,export2       
,export ,adm9i/ration ,regulations2     
9-c\ntry transf]2 reexport ,! t]ms      
export1 ,export ,adm9i/ration           
,regulations1 9-c\ntry transf]1 &       
reexport h ! mean+s giv5 ^? t]ms 9      
section #agdb ( ! ,export ,control ,re=m
 ,act ( #bjah 7#ej ,u4,s4,c4 #dhja74    
7#c7 ,=eign adv]s>y ,! t]m =eign adv]s>y
 has ! mean+ giv5 t t]m 9 section       
#h7;c77#b7 ( ! ,secure & ,tru/$         
,communications ,networks ,act ( #bjai  
7#dg ,u4,s4,c4 #afjg7;c77#b774  7#d7    
,=eign trad+ p>tn] ,! t]m =eign trad+   
p>tn] means a jurisdiction t is a trad+ 
p>tn] ( ! ,unit$ ,/ates4  #d4           
,det]m9ation ( economic co]cion  7a7 ,9 
g5]al ,if ! ,presid5t det]m9es t a =eign
 trad+ p>tn] is subject to economic     
co]cion1 ! ,presid5t may ex]cise any    
au?ority describ$ 9 section #e7;a7 to   
support or assi/ ! =eign trad+ p>tn] 9 a
 mann] proportionate to ! economic      
co]cion4  7b7 ,in=mation2 he>+s ,to in=m
 any det]m9ation or ex]cise ( au?ority  

"u subsection 7a71 ! ,presid5t may--    
7#a7 consult ) ! ,secret>y ( ,/ate1 !   
,secret>y ( ,comm]ce1 ! ,unit$ ,/ates   
,trade ,repres5tative1 & ! heads ( o!r  
,f$]al ag5cies1 z ! ,presid5t consid]s  
appropriate2  7#b7 seek in=mation &     
advice f & consult ) o!r relevant (fic]s
 ( ! ,unit$ ,/ates2 &  7#c7 af=d o!r    
int]e/$ p>ties an opportunity to pres5t 
relevant in=mation & advice4  7c7       
,consultation ) ,congress ,! ,presid5t  
%all consult ) ,congress-- 7#a7 be=e    
ex]cis+ any au?ority "u subsection 7a72 
&  7#b7 regul>ly = ! duration ( !       
ex]cise ( su* au?ority4  7d7 ,notice ,n 
lat] ?an #cj days aft] ! date t !       
,presid5t det]m9es t a =eign trad+ p>tn]
 is subject to economic co]cion or      
ex]cises any au?ority "u subsection 7a71
 ! ,presid5t %all publi% 9 ! ,f$]al     
,regi/]-- 7#a7 a notice ( ! det]m9ation 
or ex]cise ( au?ority2 &  7#b7 a        
description ( ! circum/ances t l$ to su*
 det]m9ation or ex]cise ( au?ority4  #e4
 ,au?orities to assi/ =eign trad+ p>tn]s

 affect$ by economic co]cion  7a7 ,9    
g5]al ,! au?orities describ$ 9 ?is      
subsection are ! foll[+3 7#a7 ,) respect
 to goods import$ into ! ,unit$ ,/ates f
 a =eign trad+ p>tn] subject to economic
 co]cion by a =eign adv]s>y-- 7,a7 !    
r$uction or elim9ation ( any duties2 or 
7,b7 ! modification ( t>iff-rate quotas4
  7#b7 ,reque/+ appropriations = =eign  
aid to ! =eign trad+ p>tn]4  7#c7       
,exp$it$ decisions ) respect to !       
issuance ( lic5ses = ! export or        
reexport to1 or 9-c\ntry transf] 91 !   
=eign trad+ p>tn] ( items subject to    
controls "u ! ,export ,adm9i/ration     
,regulations1 consi/5t ) ! ,export      
,control ,re=m ,act ( #bjah 7#ej        
,u4,s4,c4 #dhja et seq474  7#d7 ,exp$it$
 regulatory processes relat$ to !       
importation ( goods & s]vices into !    
,unit$ ,/ates f ! =eign trad+ p>tn]4    
7#e7 ,reque/+ ! necess>y au?ority &     
appropriations = sov]eign loan gu>antees
 to ! =eign trad+ p>tn]4  7#f7 ,! waiv] 
( policy requirem5ts 7o!r ?an policy    

requirem5ts m&at$ by an ,act (          
,congress7 z necess>y to facilitate !   
provision ( f9anc+ to support exports to
 ! =eign trad+ p>tn]4  7#g7 ,reque/+    
appropriations = loan loss res]ves to   
facilitate ! provision ( f9anc+ to      
support ,unit$ ,/ates exports to ! =eign
 trad+ p>tn]4  7#h7 ,! exemption (      
f9anc+ provid$ to support ,unit$ ,/ates 
exports to ! =eign trad+ p>tn] f section
 #h7;g77#a7 ( ! ,export-,import ,bank   
,act ( #aide 7#ab ,u4,s4,c4             
#fce;g7g77#a774  7b7 ,coord9ation )     
allies ,to broad5 economic support = a  
=eign trad+ p>tn]1 ! ,presid5t %all     
endeavor to coord9ate ! ex]cise ( !     
au?orities describ$ 9 subsection 7a7 )  
o!r =eign trad+ p>tn]s4  #f4 ,revocation
 ( det]m9ation  7a7 ,9 g5]al ,any       
det]m9ation made by ! ,presid5t "u      
section #d %all be revok$ on ! e>lie/   
(-- 7#a7 ! date t is #b ye>s aft] ! date
 ( su* det]m9ation2  7#b7 ! date ( !    
enactm5t ( a jo9t resolution revok+ !   
det]m9ation2 or  7#c7 ! date on :i* !   

,presid5t issues a proclamation revok+ !
 det]m9ation4  7b7 ,t]m9ation (         
au?orities ,any au?ority describ$ 9     
section #e7;a7 ex]cis$ pursuant to a    
det]m9ation t has be5 revok$ "u         
subsection 7a7 %all cease to be ex]cis$ 
on ! date ( su* revocation1 except t su*
 revocation %all n affect-- 7#a7 any    
action tak5 or proce$+ p5d+ n f9ally    
conclud$ or det]m9$ on su* date2 or     
7#b7 any rights or duties t matur$ or   
p5alties t 7 incurr$ prior to su* date4