A bill to provide that the President may not extend to the People's Republic of China renewal of nondiscriminatory (most-favored-nation) treatment beginning July 3, 1994, unless the President determines that the People's Republic of China is not manipulating its currency to prevent effective balance of payments adjustments or to gain an unfair competitive advantage in trade.
Sponsor introductory remarks on measure. (CR S9721-9722)
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · May 26, 1993
Prohibits the President from recommending for a 12-month period in 1994 continuation of a waiver of human rights and emigration requirements for nondiscriminatory treatment (most-favored-nation treatment) for China under the Trade Act of 1974 unless the President reports to the Congress that China has ceased manipulating its currency's rate of exchange to prevent balance of payment adjustments or to gain an unfair competitive advantage in trade with the United States.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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