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The DETER Act of 2024 establishes a mechanism to suspend normal trade relations with China if the President certifies that China has engaged in military aggression or sustained economic coercion against Taiwan. The bill requires annual presidential certifications regarding Chinese military or coercive actions against Taiwan, and automatically triggers the application of higher tariff rates (column 2 of the Harmonized Tariff Schedule) if aggression is found, unless Congress approves a national interest waiver. The bill also requires a quadrennial assessment of U.S. trade vulnerabilities and supply chain risks related to China, with recommendations for mitigation policies.
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