DearColleague.us

Letter

Sending Office: Honorable Ted S. Yoho
Sent By:
Colin.Timmerman@mail.house.gov

        Request for Cosponsor(s)

Cosponsors (8): Wright, Burchett, Perry, Wilson, Diaz-Balart, Wagner, Weber, Guest

 

Dear Colleague:

Over the past 20 years, the People’s Republic of China has enjoyed a great deal of economic success, leaping to become the second largest economy in the world. Yet, China continues to take advantage of international financial institutions, particularly the
World Trade Organization.

Since its ascension to WTO member status in 2001, China has also continued to self-identify as a developing nation to obtain preferential treatment under trade agreements with other countries, despite every other member nation besides the United States having
less economic resources.

Further, China’s Communist Party has repeatedly abused WTO rules by deploying illegal export restraints (e.g. quotas, licensing, minimum prices, duties, and other restrictions) on an array of products and raw material inputs (RMI). These restraints are aimed
at benefiting Chinese producers exclusively and at the expense of foreign producers. At the same time, China continues to engage in corporate espionage and forced technology transfer, creating a hostile and unfair business environment for all kinds of foreign
investment.

For too long the United States, and the world, has turned a blind eye to much of China’s unfair practices in business and trade, and it has been the American producer and consumer who has paid the price. It’s time the United States and the global community
assert their rights under WTO rules to hold China accountable for its behavior on the world stage and ensure a level playing field for all.

The Enforcing Accountability and Transparency in International Trade Act would require the United States Trade Representative to submit a report to Congress on their strategy to accomplish the following:

  • Facilitate the full implementation of agreements of the World Trade Organization.
  • Enable the maximum benefits from trade to accrue to those members that face the greatest difficulty integrating into the WTO multilateral trading system.
  • Prevent high-income nations, like China, from continuing to qualify under certain conditions to seek developing nations status under trade agreements to receive “special and differential” treatment.

Please email Colin Timmerman at
Colin.Timmerman@mail.house.gov
to join me in cosponsoring H.R. 6627 to hold China accountable for its actions at the WTO.

 

Sincerely,

 

Ted S. Yoho, DVM

Ranking Member

Subcommittee on Asia, the Pacific

And Nonproliferation

Related Legislative Issues

Selected legislative information: Finance, Foreign Affairs, Trade

Related Bill Information

Bill Type: H.R.
Bill Type: 6627
Special Note:

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