Rep. Ashley Hinson speaks during a news conference at the U.S. Capitol on June 15, 2021. (Alex Wong/Getty Images)
Hinson’s legislation would establish a DOJ task force focused on investigating and prosecuting trade-related crimes, creating a mechanism for enforcing U.S. law.
One of the companies that is grappling with the effects of Chinese IP theft is CQ Medical, which focuses on radiotherapy and healthcare innovations. A China-based company with U.S. headquarters in Ohio has allegedly been undercutting CQ Medical by offering lower-quality products at two-thirds of the price. According to a statement from CQ Medical, the China-based company is using "nearly identical" product names, which has led to consumer confusion.
"And this is stuff that really can help our hospitals to properly treat cancers with radiation therapy. So, when you are undercutting an American company that is doing the research and development they're facing now, an unfair competitive advantage from a China-based company that is stealing that intellectual property," Hinson said to Fox News Digital.
Rep. Ashley Hinson speaks on "Putting American families first" to the press on March 14, 2024, in White Sulphur Springs, West Virginia. (Alex Wong/Getty Images)
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Hinson explained to Fox News Digital that CQ Medical is the tip of the iceberg, and Chinese trade crimes are costing America’s economy "hundreds of billions if not trillions of dollars a year" by offering products at extremely reduced prices.
The Protecting American Industry and Labor from International Trade Crimes Act passed the House in December 2024. However, the congresswoman is reintroducing it in the current congressional session in the hopes of it becoming law.
Rachel Wolf is a breaking news writer for Fox News Digital and FOX Business.
https://www.foxnews.com/politics/china-ripping-off-american-businesses-doj-can-fight-them-gop-lawmaker-says