Strengthen American Competitiveness Against Harmful Subsidies Act of 2025
Strengthen American Competitiveness Against Harmful Subsidies Act of 2025
Plain Language Summary
# Strengthen American Competitiveness Against Harmful Subsidies Act of 2025 - Summary **What the bill would do:** This bill would require the U.S. Trade Representative's office to monitor Chinese government subsidies to industries and report annually to Congress about which subsidies pose risks to American jobs and manufacturing. The bill also calls for recommendations on what Congress and federal agencies should do in response to these subsidies. **Who it affects:** American workers and manufacturers, particularly in strategically important industries, would be the primary beneficiaries.
The bill aims to protect U.S. employment and domestic production by identifying when Chinese government financial support gives foreign competitors an unfair advantage. **Current status:** The bill is still in committee (as of the latest update), meaning it has not yet been debated or voted on by the full Senate. It was introduced by Senator Margaret Hassan, a Democrat from New Hampshire.
CRS Official Summary
Strengthen American Competitiveness Against Harmful Subsidies Act of 2025This bill requires the Office of the U.S. Trade Representative (USTR) to regularly monitor and report on industrial subsidies provided by the Chinese government.First, the USTR must coordinate with specified federal agencies to regularly monitor (1) industrial subsidies provided by the Chinese government; and (2) plans by the Chinese government to implement new, or expand existing, industrial subsidies.Second, the USTR must coordinate with specified federal agencies to submit an annual report to Congress that identifies current and expected industrial subsidies provided by the Chinese government that pose a significant risk to (1) employment in the United States, including employment in strategically critical industries; and (2) manufacturing in the United States, including production of strategically critical goods. This report must also include recommendations for legislative, administrative, or other actions that could mitigate the risks posed by industrial subsidies.
Latest Action
Read twice and referred to the Committee on Finance.