On January 3, 2019, U.S. Congressman Marco Rubio reintroduced legislation known as the “Fair Trade with China Enforcement Act” into the Senate.
The legislation proposes to:
- Establish a list of certain products receiving support from Government of People's Republic of China pursuant to Made in China 2025 policy;
- Prohibit export to the People's Republic of China national security sensitive technology and intellectual property;
- Impose a shareholder cap on Chinese investors in United States corporations;
- Prohibit use of certain telecommunications services or equipment.
Additionally, the legislation would allow certain industries and products of the Chinese government’s Made in China 2025 industrial policy to fall under the definition of Countervailing duties.
The proposed legislation may be found here: