United States Trade Leadership in the Indo-Pacific Act
United States Trade Leadership in the Indo-Pacific Act
Plain Language Summary
# United States Trade Leadership in the Indo-Pacific Act (HR 953) - Summary **What the Bill Would Do:** This bill aims to strengthen U.S. trade strategy in the Indo-Pacific region—a economically important area covering Asia and the Pacific. If passed, it would direct the U.S. International Trade Commission to study how existing regional trade agreements (like those involving China, India, Japan, and Southeast Asian countries) affect American businesses and competitiveness. The bill would also create a new Indo-Pacific Trade Strategy Commission to develop recommendations for how the U.S. should approach trade in this region. **Who It Affects and Key Details:** The bill primarily affects U.S.
exporters, businesses, and policymakers focused on Asian trade. It's designed to help the U.S. compete more effectively in a region where other countries have already formed trade partnerships. The legislation involves multiple countries including China, India, Indonesia, Japan, Australia, and others across Asia and the Pacific. **Current Status:** The bill was introduced by Representative Carol D. Miller (R-WV) in the 119th Congress and is currently in committee, meaning it hasn't advanced to a full vote yet. It remains at an early stage of the legislative process.
CRS Official Summary
United States Trade Leadership in the Indo-Pacific ActThis bill requires certain actions related to trade in the Indo-Pacific region.Specifically, the bill directs the U.S. International Trade Commission to investigate the effects of existing Indo-Pacific regional trade agreements (e.g., the Regional Comprehensive Economic Partnership and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership) on U.S. exporters and competitiveness in the region.Additionally, the bill establishes the Indo-Pacific Trade Strategy Commission to develop findings and recommendations for a comprehensive trade strategy for the Indo-Pacific region.
Latest Action
Referred to the House Committee on Ways and Means.