US SB3566

Withdraws permanent normal trade relations (PNTR) status from China 90 days after enactment, applying higher "column 2" tariff rates to all Chinese products

Prohibits future extension of normal trade relations treatment to China under the Trade Act of 1974

Authorizes the President to proclaim duty rates on Chinese products even higher than the column 2 rates

Applies to the People's Republic of China, Hong Kong, Macau, and all agencies or instrumentalities of these governments

Cites China's violations of WTO commitments, approximately $130 billion in tariff evasion in 2023, and $180-540 billion annually in intellectual property theft as justification