Sec. 125. Strategy on deterrence of economic coercion
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Not later than 1 year after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a whole-of-government strategy to deter Chinese economic coercion against third countries that includes the following: An explanation of the means available to the United States, with the cooperation of allies, to enable a country with a smaller economy to withstand such coercion. A description of the role that the Secretary of State, acting through the Under Secretary of State for Public Diplomacy and Public Affairs, will play in the imposition of reputational costs on the PRC for conducting economic coercion.
Role clarity for the Secretary of State, the Administrator of the United States Agency for International Development, the Secretary of Defense, the head of each element of the intelligence community (as such term is defined by section 3 of the National Security Act of 1947 ( 50 U.S.C. 3003 )), the Secretary of the Treasury, the Secretary of Commerce, the United States Trade Representative, and the United States International Development Finance Corporation in implementing such strategy.
Not later than 2 years after the date of the submission of the strategy under subsection (a), and every 2 years thereafter for 8 years, the President shall submit to the appropriate congressional committees an assessment of the implementation and effectiveness of the strategy, lessons learned from the past year, and planned changes to the strategy. The strategy and update required by subsections
(a)and (b), respectively, shall be submitted in classified form with an unclassified summary. In this section, the term appropriate congressional committees means— the Committee on Foreign Affairs, the Committee on Energy and Commerce, and the Committee on Ways and Means of the House of Representatives; and the Committee on Foreign Relations, the Committee on Commerce, Science, and Transportation, and the Committee on Banking, Housing, and Urban Affairs of the Senate.
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Sec. 125
Strategy on deterrence of economic coercion
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