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Strengthen American Competitiveness Against Harmful Subsidies Act of 2025

Bill Number
S. 1165
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Foreign Trade and International Finance
Status
Introduced
Latest Action
2025-03-27: Read twice and referred to the Committee on Finance.
Last Updated
2025-06-24T18:31:42Z

AI-Generated Summary

Purpose

The Strengthen American Competitiveness Against Harmful Subsidies Act of 2025 aims to address risks from industrial subsidies provided by the Government of the People's Republic of China (PRC) to U.S. economic and national security interests. It requires ongoing monitoring of these subsidies and annual reporting to Congress to inform potential countermeasures, focusing on protecting U.S. jobs, manufacturing, and strategically important sectors.

Key Provisions

Significant Changes to Existing Law

This bill introduces new mandatory monitoring and reporting obligations on USTR and interagency groups, which do not appear to exist in current law. It builds on existing trade authorities but adds specific, recurring requirements focused on PRC subsidies, without directly amending prior statutes. It references definitions from laws like the Critical Infrastructures Protection Act of 2001 and the Research and Development, Competition, and Innovation Act for consistency.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Hassan, Margaret Wood [D-NH]

Cosponsors (1)

Sen. Cassidy, Bill [R-LA]

Recent Actions

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