; and (B) any State law regulating or taxing the business of insurance. (6) Trade representative The term Trade Representative means the United States Trade Representative. 5. Approval of agreement Congress approves the Agreement between the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States regarding Trade between the United States of America and Taiwan, done on June 1, 2023. 6. Entry into force of agreement (a) Conditions for entry into force of agreement The President may provide for the Agreement to enter into force not earlier than 30 days after the date on which the President submits to Congress a certification under subsection (c). (b) Consultation and report The President, not later than 30 days before submitting a certification under subsection (c), shall— (1) consult with the appropriate congressional committees; (2) submit to the appropriate congressional committees a report that— (A) explains the basis of the determination of the President contained in that certification, including by providing specific reference to the measures the parties to the Agreement intend to use to comply with the obligations in the Agreement; and (B) describes, including through the use of economic estimates and analyses, how entry into force of the Agreement will further trade relations between the United States and Taiwan and advance the interests of workers, consumers, businesses, farmers, ranchers, and other stakeholders in the United States