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United States Trade Leadership in the Indo-Pacific Act
3/5/2025, 5:08 AM
Summary of Bill HR 953
Bill 119 HR 953, also known as the "Indo-Pacific Trade Competitiveness Act," aims to enhance the United States' trade competitiveness and economic leadership in the Indo-Pacific region. The bill recognizes the importance of the Indo-Pacific region as a key driver of global economic growth and seeks to strengthen the US' presence in this critical area.
The bill outlines several key objectives, including promoting US exports, reducing trade barriers, and fostering economic cooperation with Indo-Pacific countries. It also emphasizes the importance of upholding high labor and environmental standards in trade agreements with these nations.
To achieve these goals, the bill calls for the development of a comprehensive strategy for US engagement in the Indo-Pacific region. This strategy would involve coordinating with key stakeholders, including government agencies, businesses, and civil society organizations, to promote US economic interests in the region. Additionally, the bill directs the US Trade Representative to prioritize negotiations with Indo-Pacific countries on trade agreements that benefit American workers and businesses. It also calls for increased engagement with regional organizations, such as the Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific Economic Cooperation (APEC) forum, to promote economic cooperation and integration in the region. Overall, Bill 119 HR 953 seeks to strengthen US trade competitiveness and economic leadership in the Indo-Pacific region through strategic engagement, cooperation, and negotiation with key partners in the region.
The bill outlines several key objectives, including promoting US exports, reducing trade barriers, and fostering economic cooperation with Indo-Pacific countries. It also emphasizes the importance of upholding high labor and environmental standards in trade agreements with these nations.
To achieve these goals, the bill calls for the development of a comprehensive strategy for US engagement in the Indo-Pacific region. This strategy would involve coordinating with key stakeholders, including government agencies, businesses, and civil society organizations, to promote US economic interests in the region. Additionally, the bill directs the US Trade Representative to prioritize negotiations with Indo-Pacific countries on trade agreements that benefit American workers and businesses. It also calls for increased engagement with regional organizations, such as the Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific Economic Cooperation (APEC) forum, to promote economic cooperation and integration in the region. Overall, Bill 119 HR 953 seeks to strengthen US trade competitiveness and economic leadership in the Indo-Pacific region through strategic engagement, cooperation, and negotiation with key partners in the region.
Congressional Summary of HR 953
United States Trade Leadership in the Indo-Pacific Act
This bill requires certain actions related to trade in the Indo-Pacific region.
Specifically, the bill directs the U.S. International Trade Commission to investigate the effects of existing Indo-Pacific regional trade agreements (e.g., the Regional Comprehensive Economic Partnership and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership) on U.S. exporters and competitiveness in the region.
Additionally, the bill establishes the Indo-Pacific Trade Strategy Commission to develop findings and recommendations for a comprehensive trade strategy for the Indo-Pacific region.
Read the Full Bill
Current Status of Bill HR 953
Bill HR 953 is currently in the status of Bill Introduced since February 4, 2025. Bill HR 953 was introduced during Congress 119 and was introduced to the House on February 4, 2025. Bill HR 953's most recent activity was Referred to the House Committee on Ways and Means. as of February 4, 2025
Bipartisan Support of Bill HR 953
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
11Democrat Cosponsors
7Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 953
Primary Policy Focus
Alternate Title(s) of Bill HR 953
To advance United States long-term trade competitiveness and economic leadership in the Indo-Pacific region.
To advance United States long-term trade competitiveness and economic leadership in the Indo-Pacific region.
Comments
Sponsors and Cosponsors of HR 953
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