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Presidential Memorandum

Establishment of the Countering Economic Coercion Task Force

This memorandum establishes an interagency Countering Economic Coercion Task Force within the Executive Office of the President, co-chaired by the National Security Advisor and National Economic Council Director, to coordinate U.S. strategy against economic coercion by countries of concern, particularly the People's Republic of China. The Task Force must submit an initial report to Congress within 180 days, followed by interim and final reports, and provide periodic policy recommendations to the President.

Federal Register Open PDF 89 FR 102669

Impact dates

  1. Second interim report to Congress per 22 U.S.C. 3362(e)(2)(B)

  2. Initial report to Congress per 22 U.S.C. 3362(e)(1)

Key directives

  • Establish Countering Economic Coercion Task Force within EOP
  • APNSA and NEC Director to oversee interagency effort on economic coercion
  • Assess vulnerabilities of countries and private sectors to economic coercion
  • Develop recommendations for comprehensive, multilateral response to deter coercive economic behavior
  • Develop integrated USG strategy including elements required by 22 U.S.C. 3362(c)(1)(A)
  • Consult with private sector stakeholders, non-member agencies, and foreign allies
  • Submit initial report to Congress within 180 days per 22 U.S.C. 3362(e)(1)
  • Submit first interim report within 1 year of initial report per 22 U.S.C. 3362(e)(2)(A)
  • Submit second interim report within 1 year of first interim report per 22 U.S.C. 3362(e)(2)(B)
  • Submit final report within 30 days of second interim report per 22 U.S.C. 3362(e)(3)
  • Submit periodic recommendations to President on policies and regulatory actions
  • Attorney General to publish memorandum in Federal Register

Who is ordered

Timeline

Immediate

  • Task Force establishment within EOP
  • Agency heads must designate Assistant Secretary-level or above representatives

Near term (90d)

  • Interagency strategy development begins
  • Stakeholder consultations with private sector, foreign allies, and non-member agencies

Long term

  • Initial report to Congress due within 180 days
  • First interim report due 1 year after initial report
  • Second interim report due 1 year after first interim report
  • Final report due 30 days after second interim report
  • Ongoing periodic recommendations to President on policies and regulatory actions

Risks & tensions

  • Implementation subject to availability of appropriations may limit operational capacity
  • 18 agencies represented creates coordination challenges and potential bureaucratic friction
  • Vague 'periodic recommendations' timeline lacks enforceable deadline
  • Private sector consultation requirements may create tension between transparency and strategic sensitivity
  • Multilateral response goal depends on foreign ally cooperation, which is uncertain
Presidential Memorandum: Establishment of the Countering Economic Coercion Task Force · Executive Orders