Task force to counter economic coercion by the People’s Republic of China

It is the sense of Congress that— Not later than 180 days after December 23, 2022, the President shall establish an interagency task force to be known as the “Countering Economic Coercion Task Force” (referred to in this section as the “Task Force”). The Task Force shall— oversee the development and implementation of an integrated United States Government strategy to respond to People’s Republic of China (PRC) coercive economic practices, which shall include— systematically monitoring and evaluating— In carrying out its duties under this subsection, the Task Force should regularly consult, to the extent necessary and appropriate, with the following: The President shall— Not later than 1 year after December 23, 2022, the Task Force shall submit to Congress a report that includes the following elements: An interagency definition of PRC coercive economic practices that captures both— A list of unilateral or multilateral— Not later than 1 year after the date on which the report required by paragraph (1) is submitted to Congress, the Task Force shall submit to Congress a report that includes the following elements: Not later than 1 year after the date on which the report required by subparagraph (A) is submitted to Congress, the Task Force shall submit to the appropriate congressional committees a report that includes an update to the elements required under the report required by subparagraph (A). Not later than 30 days after the date on which the report required by paragraph (2)(B) is submitted to Congress, the Task Force shall submit to Congress a final report that includes the following elements: The reports required by this subsection shall be submitted in classified form, but may include an unclassified summary. The Task Force shall terminate at the end of the 60-day period beginning on the date on which the final report required by subsection (e)(3) is submitted to Congress. The Task force 11 So in original. Probably should be capitalized. may use the 60-day period referred to in paragraph (1) for the purposes of concluding its activities, including providing testimony to Congress concerning the final report required by subsection (e)(3). The Secretary of State, the Administrator of the United States Agency for International Development, the United States International Development Finance Corporation, the Secretary of Commerce, and the Secretary of the Treasury shall provide appropriate assistance to countries and entities that are subject to coercive economic practices by the People’s Republic of China.