Federal RuleAug 21
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RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
118-hr-4004118th CongressWALLET
United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act
Sponsored By: Representative Smith, Jason [R-MO-8]
Became Law
Summary
Creates a transparent, high‑standard trade framework with Taiwan by approving the June 1, 2023 Agreement and setting strict rules for how that deal and any future trade agreements take effect and are reviewed. It ties entry into force to presidential certification, public disclosure, and ongoing congressional oversight.
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 1 benefits, 2 costs, 2 mixed.
Congress approves 2023 U.S.-Taiwan trade deal
Congress approves the June 1, 2023 U.S.-Taiwan trade Agreement. The Agreement now guides trade rules between the parties, subject to this law’s limits and oversight.
Stronger transparency for future Taiwan deals
No future trade deal with Taiwan takes effect unless USTR posts the text at least 60 days before the President enters into it and Congress passes a law approving it. USTR must give committees U.S. draft text before sharing it outside the executive branch and share Taiwan text within 3 days. Committees get short review windows, with a possible 15‑business‑day delay if leaders jointly ask. Final text must reach committees 45 days before wider release. USTR must give one‑business‑day notice of rounds and hold daily briefings during talks.
EV tax credit unchanged by Taiwan deal
The law says this U.S.-Taiwan trade deal is not a “free trade agreement” for the clean vehicle tax credit (section 30D). Critical minerals from Taiwan do not count toward the credit’s FTA rule. Buyers cannot use this deal to qualify for the credit based on Taiwan content.
No private lawsuits under this deal
If the Agreement conflicts with U.S. law, U.S. law controls. Only the United States can sue to challenge a state law as inconsistent with the Agreement. Private people and companies cannot use the Agreement as a claim or defense against the government.
Timing and reports for Taiwan trade deal
The President must certify in writing that Taiwan met required steps before the Agreement can start. The President must consult Congress and send a report at least 30 days before that certification, then answer written questions for 15 days. The Agreement cannot start until at least 30 days after the certification is sent. Within 180 days after the Agreement starts, USTR must report to Congress on implementation and post a public version.
Sponsors & CoSponsors
Sponsor
Smith, Jason [R-MO-8]
MO • R
Cosponsors
Rep. Neal, Richard E. [D-MA-1]
MA • D
Sponsored 6/12/2023
Rep. Smith, Adrian [R-NE-3]
NE • R
Sponsored 6/12/2023
Rep. Sewell, Terri A. [D-AL-7]
AL • D
Sponsored 6/12/2023
Rep. Kelly, Mike [R-PA-16]
PA • R
Sponsored 6/12/2023
Rep. DelBene, Suzan K. [D-WA-1]
WA • D
Sponsored 6/12/2023
Rep. Ferguson, A. Drew, IV [R-GA-3]
GA • R
Sponsored 6/12/2023
Rep. Chu, Judy [D-CA-28]
CA • D
Sponsored 6/12/2023
Rep. Moore, Blake D. [R-UT-1]
UT • R
Sponsored 6/12/2023
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 6/12/2023
Rep. Van Duyne, Beth [R-TX-24]
TX • R
Sponsored 6/12/2023
Rep. Feenstra, Randy [R-IA-4]
IA • R
Sponsored 6/12/2023
Rep. Malliotakis, Nicole [R-NY-11]
NY • R
Sponsored 6/12/2023
Rep. Schneider, Bradley Scott [D-IL-10]
IL • D
Sponsored 6/12/2023
Rep. Tenney, Claudia [R-NY-24]
NY • R
Sponsored 6/12/2023
Rep. Sánchez, Linda T. [D-CA-38]
CA • D
Sponsored 6/12/2023
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 6/12/2023
Rep. Doggett, Lloyd [D-TX-37]
TX • D
Sponsored 6/12/2023
Rep. Blumenauer, Earl [D-OR-3]
OR • D
Sponsored 6/12/2023
Rep. Davis, Danny K. [D-IL-7]
IL • D
Sponsored 6/12/2023
Rep. Evans, Dwight [D-PA-3]
PA • D
Sponsored 6/12/2023
Rep. Kildee, Daniel T. [D-MI-8]
MI • D
Sponsored 6/12/2023
Rep. Miller, Carol D. [R-WV-1]
WV • R
Sponsored 6/12/2023
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 6/12/2023
Rep. Higgins, Brian [D-NY-26]
NY • D
Sponsored 6/12/2023
Rep. Fischbach, Michelle [R-MN-7]
MN • R
Sponsored 6/12/2023
Rep. Steel, Michelle [R-CA-48]
CA • R
Sponsored 6/12/2023
Rep. Smucker, Lloyd [R-PA-11]
PA • R
Sponsored 6/12/2023
Rep. Arrington, Jodey C. [R-TX-19]
TX • R
Sponsored 6/12/2023
Rep. Estes, Ron [R-KS-4]
KS • R
Sponsored 6/12/2023
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 6/13/2023
Rep. Thompson, Mike [D-CA-4]
CA • D
Sponsored 6/13/2023
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 6/13/2023
Rep. Moore, Gwen [D-WI-4]
WI • D
Sponsored 6/13/2023
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 6/13/2023
Rep. Murphy, Gregory F. [R-NC-3]
NC • R
Sponsored 6/13/2023
Rep. Steube, W. Gregory [R-FL-17]
FL • R
Sponsored 6/13/2023
Rep. Wenstrup, Brad R. [R-OH-2]
OH • R
Sponsored 6/13/2023
Rep. Balderson, Troy [R-OH-12]
OH • R
Sponsored 6/20/2023
Rep. DeLauro, Rosa L. [D-CT-3]
CT • D
Sponsored 6/20/2023
Rep. Diaz-Balart, Mario [R-FL-26]
FL • R
Sponsored 6/20/2023
Rep. Johnson, Bill [R-OH-6]
OH • R
Sponsored 6/20/2023
Rep. Lee, Susie [D-NV-3]
NV • D
Sponsored 6/20/2023
Del. Plaskett, Stacey E. [D-VI-At Large]
VI • D
Sponsored 6/20/2023
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov