HKMB Hong Kong Means Business

Hong Kong Means Business Hong Kong Means Business
  • Login / Register

Languages

  • EN
  • 繁
  • 简
  • Events
  • My Feed
  • Contact HKTDC
  • Subscribe
  • Subscribe

Section Menu

  • Market Opportunities
  • Tech & Innovation
  • Entrepreneurship
  • Sustainability
  • Creativity & Lifestyle
  • HKTDC Updates
  • Featured Topics

Languages

  • EN
  • 繁
  • 简
  • HKTDC.com |
  • About HKTDC |
  • My HKTDC |
  • Login / Register |

HKTDC.com About HKTDC My HKTDC

Login Register

Hong Kong Means Business

Section Menu

  • Market Opportunities
  • Tech & Innovation
  • Entrepreneurship
  • Sustainability
  • Creativity & Lifestyle
  • HKTDC Updates
  • Featured Topics

https://hkmb.hktdc.com/en/OTMyMzg4NTgw

hktdc research
SAVE FOR LATER
SHARE / SEND

"Scan QR Code" in WeChat and tap "..." to share.

New Legislation Would Impose Additional Duties on Mainland Chinese Goods to Compensate for IPR Theft

15 December 2021



Legislation introduced in the House of Representatives on 2 December by Rep. Louis Gohmert (Republican-Texas) and co-sponsored by three other Republican lawmakers (H.R. 6128) would direct the president to impose additional duties on mainland Chinese goods to compensate holders of U.S. intellectual property rights for losses resulting from violations of such IPR in mainland China.

The legislation would require the Office of the U.S. Trade Representative, in consultation with the U.S. International Trade Commission, to conduct an annual study to determine the estimated annual loss of revenue to holders of U.S. IPR as a result of direct or indirect violations of such IPR in mainland China or by any mainland Chinese person, including governmental entities of mainland China, in the preceding calendar year. The first such report would be required within 120 days from the date of enactment of H.R. 6128.

The president would then be required to impose duties on mainland Chinese goods in an amount equivalent to the estimated total loss of revenue to holders of U.S. IPR as a result of violations of such IPR in mainland China during the previous calendar year, as determined by the USTR study, reduced by the total amount of any tariffs collected pursuant to Section 301 of the Trade Act of 1974 or any other legal provision authorising the president to safeguard U.S. IPR. The legislation would also establish a trust fund in the U.S. Treasury Department to compensate the injury suffered by holders of U.S. IPR., consisting of the duties collected by U.S. Customs and Border Protection under the authority of H.R. 6128.

The legislation has been referred to the House Ways and Means Committee and its outlook is uncertain at this time.

BACK TO TOP ^
    Topics:
  • Intellectual Property,
  • North America,
  • Mainland China,
  • USA,
  • customs & tariffs & duties,
  • Sino-US Trade
  • Intellectual Property
  • North America
  • Mainland China
  • USA
Home

Article Topics

ARTICLE TOPICS

INTELLECTUAL PROPERTY125212
NORTH AMERICA36097
MAINLAND CHINA35607
USA36116
CUSTOMS...74631

ARTICLE TOPICS

INTELLECTUAL PROPERTY125212
NORTH AMERICA36097
MAINLAND CHINA35607
USA36116
CUSTOMS & TARIFFS & DUTIES74631
SINO-US TRADE132142

interest_article

YOU MAY BE INTERESTED IN

22 December 2022

Platinum shows strong performance

06 July 2022

GBA foreign trade rebounds

18 February 2022

Digital games exercise minds

24 March 2022

NFTs the new content kingmakers

Related Events

RELATED EVENTS

4 - 7 March 2023

HK Atelier at The Inspired Home Show, Chicago, USA

26 - 28 May 2023

Chic HK, Shenzhen

28 - 30 June 2023

22nd Shanghai International Children Baby Maternity Industry Expo (CBME)

7 - 8 December 2023

Business of Intellectual Property Asia Forum (BIP Asia), Hong Kong 2023
FIND AN EVENT

Social Share

FOLLOW US

GET WEEKLY UPDATES

newpaper-img

GET OUR WEEKLY EMAIL UPDATES

banner-img


I acknowledge that the above information may be used by the Hong Kong Trade Development Council (HKTDC) for incorporation in all or any of its database for direct marketing or business matching purpose (and may therefore become available to the public within and/or outside of Hong Kong for use by them), and for any other purposes as stated in the Privacy Policy Statement; I confirm that I have the consent and the authority of each individual named in this form to release their personal data for the purposes stated herein.


*For non-EU/EEA customers, please skip this box which is solely for EU/EEA customers as required by the relevant data protection law in the EU.

THANK YOU

Thank you for registering.

SHARE THIS STORY

EMAIL
LINKEDIN
WeChat
FACEBOOK
TWITTER
WHATSAPP

ID: HKTDCofficial

Don't have an account?

Create An Account

successfully added on your preferences.