; and (B) a description of the economic coercion that the foreign adversary is applying to the foreign trading partner and other circumstances that led to such determination or exercise of authority. (b) Expedited determination (1) In general If the Secretary of State determines that a foreign trading partner is subject to economic coercion by a foreign adversary, the Secretary of State or the head of the relevant Federal agency may exercise any authority described in paragraphs (2) through (7) of section 5(a). (2) Notices (A) In general Not later than 10 days after a determination under paragraph (1), the Secretary of State shall submit to the appropriate congressional committees a notice of such determination. (B) Exercise of authority Not later than 10 days after the exercise of any authority described in paragraphs (2) through (7) of section 5(a) that relies on the determination for which the Secretary of State submitted notice under subparagraph (A), the Secretary of State or the head of the relevant Federal agency relying on such determination shall submit to the appropriate congressional committees a notice of intent to exercise such authority, but not more frequently than once every 90 days. (c) Revocation of determination (1) In general Any determination made by the President under subsection (a) or the Secretary of State under subsection (b) shall be revoked on the earliest of— (A) the date that is 2 years after the date of such determination; (B) the date of the enactment of a joint resolution of disapproval revoking the determination; or (C) the date on which the President issues a proclamation revoking the determination. (2) Termination of authorities Any authority described in section 5(a) exercised pursuant to a determination that has been revoked under paragraph (1) shall cease to be exercised on the date of such revocation, except that such revocation shall not affect— (A) any action taken or proceeding pending not finally concluded or determined on such date