For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
Click here to register for ST&R’s March 16 webinar on how the new Congress will impact US trade policy.
Tariffs. The Countering Economic Coercion Act (HR 1135, introduced Feb. 21 by Reps. Meeks, DN.Y., and Cole, R-Okla.) would grant the following authorities to the president to support partners and allies facing economic coercion by other countries : (1) increase in duties on imports from foreign adversaries committing economic coercion, (2) decrease in duties on non-import-sensitive goods imported from countries subject to coercion, (3) seek congressional appropriations to support foreign aid, export financing, and sovereign loan guarantees to such countries, (4) expedited export licensing decisions and regulatory processes to facilitate trade with such countries, and (5) waive certain policy requirements to facilitate export financing, allowing the US private sector to meet opportunities in affected countries.
The Haitian Economic Lift Program Extension Act (S. 552, introduced Feb. 28 by Sen. Rubio, R-Fla.) would extend the Haitian Economic Lift Program, which provides duty-free treatment for apparel products produced in Haiti, to 2035.
China. The China is Not a Developing Country Act (HR 1107, introduced Feb. 21 by Rep. Kim, R-Calif.) would ensure that China does not get preferential treatment in any international treaties, agreements, or organizations.
The Neutralizing Unfair Chinese Subsidies Act (HR 1137, introduced Feb. 21 by Rep. Nunn, R-Iowa) would require the Treasury Department to (1) create a detailed strategy and timeline to ensure compliance by China with the Organization for Economic Cooperation and Development Arrangement on Officially-Supported Export Credits and (2) negotiate a substantial reduction in export subsidies around the world in the next decade.
S. 585 (introduced March 1 by Sen. Rubio, R-Fla.) would require a determination of whether certain Chinese entities meet the criteria for the imposition of sanctions.
The Deter PRC Support to the Russian War Effort Act (HR 1368, introduced March 3 by Rep. Schiff, D-Calif.) would impose sanctions with respect to (1) the transfer of arms and related materiel by China to Russia or (2) ) the evasion or circumvention of US or multilateral sanctions by China with respect to Russia.
FTAs. The Undertaking Negotiations on Investment and Trade for Economic Dynamism Act (S. 629, introduced by Sens. Coons, D-Del., and Thune, RS.D.) would provide the president with the authority to enter into a comprehensive trade agreement with the United Kingdom.
CBP. S. 758 (introduced March 9 by Sen. Daines, R-Mont.) and HR 1568 (introduced March 10 by Reps. Waltz, R-Fla., and Pascrell, DN.J.) would require US Customs and Border Protection to remove personally identifiable information from cargo manifests before public disclosure.
Try. The Freedom to Export to Cuba Act (S. 653, introduced March 2 by Sens. Klobuchar, D-Minn., and Moran, R-Kan.) would repeal the current legal restrictions against doing business with Cuba, including the original 1961 authorization for establishing the trade embargo, subsequent laws that required enforcement of the embargo, other restrictive statutes that prohibit transactions between US-owned or -controlled firms and Cuba, and limitations on direct shipping between US and Cuban ports.
Information Technology. The Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act (S. 686, introduced by Sens. Warner, D-Va., and Thune, RS.D.) would (1) require the Department of Commerce to establish procedures to identify, deter, disrupt, prevent, prohibit, and mitigate transactions involving ICT products in which any foreign adversary has any interest and poses undue or unacceptable risk to US national security, (2) prioritizing the evaluation of ICT products used in critical infrastructure, integrated into telecom products, or maintaining to a range of defined emerging, foundational, and serious disruptive technologies with national security implications, and (3) ensure comprehensive actions to address risks of untrusted foreign ICT products by requiring the DOC to consider concerning activities identified by other government entities.
Oil and Gas. HR 1130 (introduced Feb. 21 by Rep. Johnson, R-Ohio) would repeal restrictions on the export and import of natural gas.
The Continuing Robust and Uninhibited Drilling and Exporting Act (HR 1481, introduced March 9 by Rep. Arrington, R-Texas) would restrict the president’s ability to impose an export tire on crude oil without first proving a credible national security risk.
Drugs. The Stopping Overdoses of Fentanyl Analogues Act (HR 1291, introduced March 1 by Rep. Fitzgerald, R-Wis.) would amend the Controlled Substances Act to list fentanyl-related substances as schedule I controlled substances, which would impose import restrictions on such goods .
Copyright © 2023 Sandler, Travis & Rosenberg, PA; WorldTrade Interactive, Inc. All rights reserved.