priate and practicable, on such PRC coercive 
economic measures with United States allies, 
partners, and the private sector. 
(2) CONSULTATION.—In carrying out its duties 
under this subsection, the Task Force should regu-
larly consult, to the extent necessary and appro-
priate, with the following: 
(A) Relevant stakeholders in the private 
sector. 
(B) Federal departments and agencies that 
are not represented on the Task Force. 
(C) United States allies and partners. 
(c) MEMBERSHIP.—The President shall— 
(1) appoint the chair of the Task Force from 
among the staff of the National Security Council; 
(2) appoint the vice chair of the Task Force 
from among the staff of the National Economic 
Council; and 
(3) direct the head of each of the following Fed-
eral departments and agencies to appoint personnel 
at the level of Assistant Secretary or above to par-
ticipate in the Task Force: 
(A) The Department of State. 
(B) The Department of Commerce. 
(C) The Department of the Treasury. 
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(D) The Department of Justice. 
(E) The Office of the United States Trade 
Representative. 
(F) The Department of Agriculture. 
(G) The Office of the Director of National 
Intelligence and other appropriate elements of 
the intelligence community (as defined in sec-
tion 3 of the National Security Act of 1947 (50 
U.S.C. 3003)). 
(H) The Securities and Exchange Commis-
sion. 
(I) The United States International Devel-
opment Finance Corporation. 
(J) Any other department or agency des-
ignated by the President. 
(d) REPORTS.— 
(1) INITIAL REPORT.—Not later than one year 
after the date of the enactment of this Act, the Task 
Force shall submit to the appropriate congressional 
committees a report that includes the following ele-
ments: 
(A) A comprehensive review of the array of 
economic tools the Government of the People’s 
Republic of China (PRC) employs or could em-
ploy in the future to coerce other governments, 
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non-PRC companies (including United States 
companies), and multilateral institutions and 
organizations, including the Government of the 
PRC’s continued efforts to codify informal 
practices into its domestic law. 
(B) The strategy required by subsection 
(b)(1)(A). 
(C) An interagency definition of PRC coer-
cive economic measures that captures both— 
(i) the use of informal or extralegal 
PRC coercive economic measures; and 
(ii) the illegitimate use of formal eco-
nomic tools. 
(D) A comprehensive review of the array of 
economic and diplomatic tools the United 
States Government employs or could employ to 
respond to economic coercion against the 
United States and United States allies and 
partners. 
(E) A list of unilateral or multilateral— 
(i) proactive measures to defend or 
deter against PRC coercive economic meas-
ures; and 
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(ii) actions taken in response to the 
Government of the PRC’s general use of 
coercive economic measures. 
(F) An assessment of areas in which 
United States allies and partners are vulnerable 
to PRC coercive economic measures. 
(G) A description of gaps in existing re-
sources or capabilities for United States Gov-
ernment departments and agencies to respond 
effectively to PRC coercive economic measures 
directed at United States entities and assist 
United States allies and partners in their re-
sponses to PRC coercive economic measures. 
(2) INTERIM REPORTS.— 
(A) FIRST
INTERIM
REPORT.—Not later 
than one year after the date on which the re-
port required by paragraph (1) is submitted to 
the appropriate congressional committees, the 
Task Force shall submit to the appropriate con-
gressional committees a report that includes the 
following elements: 
(i) Updates to information required by 
subparagraphs (A) through (G) of para-
graph (1). 
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(ii) A description of activities con-
ducted by the Task Force to implement 
the 
strategy 
required 
by 
subsection 
(b)(1)(A). 
(B) SECOND INTERIM REPORT.—Not later 
than one year after the date on which the re-
port required by subparagraph (A) is submitted 
to the appropriate congressional committees, 
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). 
(3) FINAL REPORT.—Not later than 30 days 
after the date on which the report required by para-
graph (2)(B) is submitted to the appropriate con-
gressional committees, the Task Force shall submit 
to the appropriate congressional committees and also 
make available to the public on the website of the 
Executive Office of the President a final report that 
includes the following elements: 
(A) An analysis of PRC coercive economic 
measures and the cost of such coercive meas-
ures to United States businesses. 
(B) A description of areas of possible par-
ticular vulnerability for United States busi-
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nesses and businesses of United States partners 
and allies. 
(C) Recommendations on how to continue 
the effort to counter PRC coercive economic 
measures. 
(D) A list of cases made public under sub-
section (e). 
(4) FORM.— 
(A) INITIAL AND INTERIM REPORTS.—The 
reports required by paragraphs (1), (2)(A), and 
(2)(B) shall be submitted in unclassified form, 
but may include a classified annex. 
(B) FINAL REPORT.—The report required 
by paragraph (3) shall be submitted in unclassi-
fied form, but may include a classified annex. 
(e) PUBLICLY AVAILABLE LIST.— 
(1) IN
GENERAL.—Not later than 120 days 
after the date of the enactment of this Act, the Task 
Force shall to the extent practicable make available 
to the public on the website of the Executive Office 
of the President a list of cases in the past six 
months in which the PRC is known to have directed 
coercive economic measures against a non-PRC enti-
ty. 
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(2) UPDATES.—The list required by paragraph 
(1) should be updated every 180 days, and shall be 
managed by the Department of State after the ter-
mination of the Task Force under subsection (f). 
(f) SUNSET.— 
(1) IN GENERAL.—The Task Force shall termi-
nate at the end of the 60-day period beginning on 
the date on which the final report required by sub-
section (d)(3) is submitted to the appropriate con-
gressional committees and made publicly available. 
(2) ADDITIONAL
ACTIONS.—The Task force 
may use the 60-day period referred to in paragraph 
(1) for the purposes of concluding its activities, in-
cluding providing testimony to Congress concerning 
the final report required by subsection (d)(3). 
SEC. 5. DEFINITIONS. 
In this Act: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Foreign Affairs of 
the House of Representatives; and 
(B) the Committee on Foreign Relations of 
the Senate. 
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(2) COERCIVE
ECONOMIC
MEASURES.—The 
term ‘‘coercive economic measures’’ includes formal 
or informal restrictions or conditions, such as on 
trade, investment, development aid, and financial 
flows, intended to impose economic costs on a non- 
People’s Republic of China target in order to achieve 
strategic political objectives, including influence over 
the policy decisions of a foreign government, com-
pany, organization, or individual. 
Æ 
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