stellakimber

=Representative Radosta (D-WA)= = =

1st Session
 * H.R. 1348**

To incite China to reform their trade policies


 * IN THE HOUSE OF REPRESENTATIVES**
 * February 21, 2008**

Sponsored by Ms. RADOSTA and Ms. ASHMAN (for themselves) Representing Louise S McGehee School Cosponsored by Ms. FRITCHIE, Ms. WESTON, Ms. ZEMANEK, Ms. KOCK, Ms. SOOMRO, Ms. O’QUINN, Ms. CONRAD, Ms. SMITH, Ms. MCHENRY, Ms. HUBBARD, Ms. ROBERT

A BILL

To incite China to reform their trade policies


 * 1) //Be it enacted by the Members of the YLI Congress//
 * 2) //Of the United States of American in Congress assembled.//
 * 3) **SECTION 1. TITLE**
 * 4) This Act may be cited as the ‘Protect American Trade Bill of 2008.’
 * 5) **SECTION 2. SPONSORS/COSPONSORS**
 * 6) Rep. Ashman (R-AK)—S
 * 7) Rep. Radosta (D-WA)—S
 * 8) Rep. Fritchie (R-CA)—CoS
 * 9) Rep. Weston (R-NJ)—CoS
 * 10) Rep. Zemenak (D-CA)—CoS
 * 11) Rep. Kock (D-NM)—CoS
 * 12) Rep. Soomro (D-NY)—CoS
 * 13) Rep. O’Quinn (D-VA)—CoS
 * 14) Sen. Conrad (D-OR)—CoS
 * 15) Rep. Smith (R-MO)—CoS
 * 16) Rep. McHenry (R-MO)—CoS
 * 17) Rep. Hubbard (D-MA)—CoS
 * 18) **SECTION 3: PURPOSE**
 * 19) (1) To reinforce trade restrictions with China in order to instigate a reform of their government regulations.
 * 20) **SECTION 4: FINDINGS**
 * 21) Trade deficit w/ China rose from $162 billion (2004) to $256.3 billion (2007)
 * 22) In 1992, US threatened $3.9 billion worth of trade sanctions if China didn’t remove trade barriers, and they agreed
 * 23) **SECTION 5: TERMS/BENEFITS**
 * 24) (1) Raise tariffs on imported Chinese goods in quarterly 3% increments until
 * 25) They float their currency in comparison w/ rest of world
 * 26) They reform their govt. regulation over their product manufacturing (factories, etc.)
 * 27) They equalize treatment of foreign and domestic firms
 * 28) They increase protection of US intellectual property rights
 * 29) (2) Start to look elsewhere for imports if we can
 * 30) (3) Bring infractions to attention of WTO and insist that they press charges