; and (B) not later than the date described in subparagraph (A), the President shall proclaim increases in such rates of duty with respect to such products. (2) Prior consultation The President shall, not later than 5 calendar days before issuing any proclamation under paragraph (1)(B), consult with the appropriate congressional committees regarding the basis for and anticipated impact of the proposed increases to rates of duty under that paragraph. (b) Restoration of normal trade relations treatment The President may resume the application of the rates of duty set forth in column 1 of the Harmonized Tariff Schedule of the United States to the products of the People's Republic of China on or after the date on which the President submits a report under section 3(a) that includes a certification that no entity of the People’s Republic of China, including the People’s Liberation Army, engaged in an act of coercion or military aggression that violated the sovereignty or territorial integrity of Taiwan during the one-year period preceding submission of the report. 5. Assessment of supply chain security (a) Assessment required The Secretary of Commerce, in consultation with the United States Trade Representative, the Secretary of State, the Secretary of Defense, and the Chief Executive Officer of the United States International Development Finance Corporation, shall— (1) conduct an assessment of United States supply chain vulnerabilities and risk exposure to the People's Republic of China; and (2) submit to the appropriate congressional committees, with each report required by section 3(a), a report on the assessment. (b) Elements The report required by subsection (a)(2) shall include— (1) identification of goods— (A) for which the United States is significantly reliant on imports from the People's Republic of China; and (B) that are critical to the economic stability, health interests, and national security of the people of the United States