A bill to withdraw normal trade relations treatment from, and apply certain provisions of title IV of the Trade Act of 1974 to, products of the Russian Federation, and for other purposes.

Bill: 117-s-3717
Sponsor: full_name: Sen. Cassidy, Bill [R-LA]
Introduced: 2022-03-01
Policy area: Foreign Trade and International Finance
Subjects: Alliances

Conflicts and wars

Europe

Free trade and trade barriers

International organizations and cooperation

Military operations and strategy

Russia

Tariffs

Ukraine
Latest action: action_date: 2022-03-02
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 292.

Summaries:
action_date: 2022-03-01
action_desc: Introduced in Senate
text: <p><strong>No Most Favored Nation Trading with Russia Act</strong></p> <p>This bill withdraws normal trade relations treatment from Russia.</p> <p>Additionally, the bill requires the President to encourage U.S. allies and partners to (1) consider taking similar actions; and (2) condemn, at the World Trade Organization (WTO), Russia's aggression in Ukraine.</p> <p>Further, the President must direct the U.S. Permanent Representative to the WTO to seek suspension of Russia's membership in the WTO.</p>

tv_txt: II Calendar No. 292 117th CONGRESS 2d Session S. 3717 IN THE SENATE OF THE UNITED STATES March 1, 2022 Mr. Cassidy (for himself and Mr. Brown ) introduced the following bill; which was read the first time March 2, 2022 Read the second time and placed on the calendar A BILL To withdraw normal trade relations treatment from, and apply certain provisions of title IV of the Trade Act of 1974 to, products of the Russian Federation, and for other purposes.

1. Short title This Act may be known as the No Most Favored Nation Trading with Russia Act . 2. Withdrawal of normal trade relations treatment with the Russian Federation Notwithstanding the provisions of title I of the Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012 ( Public Law 112–208 ; 19 U.S.C. 2434 note) or any other provision of law, effective on the date of the enactment of this Act— (1) normal trade relations treatment shall not apply pursuant to section 102 of that Act to the products of the Russian Federation; and (2) normal trade relations treatment may thereafter be extended to the products of the Russian Federation only in accordance with the provisions of chapter 1 of title IV of the Trade Act of 1974 ( 19 U.S.C. 2431 et seq. ), as in effect with respect to the products of the Russian Federation on the day before the effective date of the accession of the Russian Federation to the World Trade Organization. 3. Cooperation with United States allies and partners (a) In general The President shall encourage allies and partners of the United States— (1) to consider taking actions similar to the actions taken under section 2, such as the withdrawal of permanent normal trade relations treatment for products of the Russian Federation; and (2) to condemn at the World Trade Organization the recent aggression by the Government of the Russian Federation in Ukraine. (b) Accountability at the WTO The President shall direct the Permanent Mission of the United States to the World Trade Organization to use the voice, vote, and influence of the United States at the World Trade Organization to seek the suspension of the membership of the Russian Federation in the World Trade Organization.

March 2, 2022 Read the second time and placed on the calendar