International Trade Today is a service of Warren Communications News.

Lawmaker Proposes Sanctions to Counter China’s Theft of Trade Secrets

Rep. John Curtis, R-Utah, introduced a bill March 11 that would impose financial sanctions on Chinese companies, government entities and individuals who engage in a “pattern of significant theft” of U.S. intellectual property. Curtis’ proposed ‘‘Combatting China’s Pilfering of Intellectual Property Act,’’ or ‘‘CCP IP Act,’’ was referred to the House Foreign Affairs and Judiciary committees.

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

A House Republican task force that Curtis served on in 2020 said that IP theft is a key part of China’s strategy to overtake the U.S. as a global leader in technology (see 2009300015).