To require the imposition of increased tariffs on certain products of the People's Republic of China until the President certifies that that country is complying with its agreement with the United States regarding protection of intellectual property rights.

Directs the President, until certain conditions are met, to impose additional tariffs on Chinese goods in order to compensate for the losses to the U.S. economy resulting from certain Chinese Government acts, polices, and practices with respect to the enforcement of intellectual property rights and market access to persons who rely on intellectual property protection.