Results for

  • Promoting Responsible and Free Trade Act of 2019

    HR #3673 | Last Action: 7/10/2019
    Promoting Responsible and Free Trade Act of 2019 This bill allows for congressional disapproval of certain trade actions (e.g., imposing tariffs), including actions by the Office of the U.S. Trade Representative. Congressional approval is required for a trade adjustment that is made for national security reasons.
  • Consolidation Prevention and Competition Promotion Act of 2019

    S #307 | Last Action: 1/31/2019
    Consolidation Prevention and Competition Promotion Act of 2019 This bill amends the Clayton Act to revise merger requirements. Specifically, the bill * prohibits a merger that materially (currently, substantially) lessens competition in more than a de minimis amount or tends to create a monopsony (a market situation in which there is only one buyer); * shifts the burden of proof to the merging companies to show that their consolidation will not harm competition; * requires companies that enter into a settlement agreement with the Federal Trade Commission (FTC) or Department of Justice regarding a merger to report information that allows the agencies to assess the competitive impact of the merger, and * establishes the Office of the Competition Advocate within the FTC.
  • Aid for Trade Act of 2019

    HR #2067 | Last Action: 4/3/2019
    Aid for Trade Act of 2019 This bill establishes a body to coordinate the use of U.S. foreign aid to build trade capacity in recipient countries and contains other related provisions. The President shall establish an interagency task force to improve effectiveness of trade-capacity-building assistance programs. The task force shall have members from relevant executive branch agencies including the Department of State, the Department of Commerce, and the U.S. Trade and Development Agency. The task force shall (1) review executive branch agency expenditures on trade-capacity-building assistance, and (2) make recommendations to the President as to the appropriate allocations of such funds. The State Department shall (1) have primary responsibility for overseeing and carrying out such assistance programs, (2) prioritize assistance to certain countries such as those that have consistently supported policies that promote the development of private enterprise, and (3) ensure that the programs are not duplicative. The bill also establishes that one goal of each mission to a foreign country shall be to (1) identify local barriers to international trade and investment, (2) advise the State Department on trade-capacity-building assistance, and (3) coordinate and supervise trade-capacity-building assistance programs. The Government Accountability Office shall periodically review the impact of the trade-capacity-assistance programs.
  • United States Reciprocal Trade Act

    HR #764 | Last Action: 3/1/2019
    United States Reciprocal Trade Act This bill allows the President, in certain circumstances, to (1) negotiate with a foreign country for tariff reductions on exported U.S. goods, or (2) impose additional duties on imported goods. Specifically, the President may take these actions if it is determined that the country (1) when importing a good from the United States, applies a higher rate of duty on that good than the rate imposed by the United States when imported from that country; or (2) similarly imposes other, nontariff trade restrictions on that good. The President must terminate a rate of duty increase under this bill if the country no longer applies such higher rates or nontariff trade restrictions, or if the higher rate is no longer in the interest of the United States. Congress may nullify a rate of duty increase implemented under this bill through a joint resolution. This bill is effective for three years, subject to one three-year renewal.
  • United States Reciprocal Trade Act

    S #2409 | Last Action: 7/31/2019
    United States Reciprocal Trade Act This bill allows the President, in certain circumstances, to (1) negotiate with a foreign country for tariff reductions on exported U.S. goods, or (2) impose additional duties on imported goods. Specifically, the President may take these actions if it is determined that the country (1) when importing a good from the United States, applies a higher rate of duty on that good than the rate imposed by the United States when imported from that country; or (2) similarly imposes other, nontariff trade restrictions on that good. The President must terminate a rate of duty increase under this bill if the country no longer applies such higher rates or nontariff trade restrictions, or if the higher rate is no longer in the interest of the United States. Congress may nullify a rate of duty increase implemented under this bill through a joint resolution. This bill is effective for three years, subject to one three-year renewal.
  • U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2019

    HR #923 | Last Action: 1/30/2019
    U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2019 This bill directs the Commodity Futures Trading Commission to report on virtual currency markets and U.S. competitiveness.
  • Fair Trade with China Enforcement Act

    S #2 | Last Action: 1/3/2019
    Fair Trade with China Enforcement Act This bill revises trade, finance, and tax provisions with respect to China. The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China. The bill places a shareholder cap on Chinese investments in certain U.S. corporations. Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China. The bill requires the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill expedites the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list. The bill amends the Internal Revenue Code to (1) repeal certain reduced withholding rates for residents of China, and (2) tax income received by China from certain U.S. investments.
  • Trade Assistance for Farmers Act of 2019

    HR #2690 | Last Action: 5/14/2019
    Trade Assistance for Farmers Act of 2019 This bill extends eligibility for trade adjustment assistance to farmers affected by a reduction in exports resulting from retaliation to tariffs imposed by the United States. Such farmers may apply to the Department of Agriculture for trade adjustment assistance.
  • Fair Trade with China Enforcement Act

    HR #704 | Last Action: 3/1/2019
    Fair Trade with China Enforcement Act This bill revises trade, finance, and tax provisions with respect to China. The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China. The bill places a shareholder cap on Chinese investments in certain U.S. corporations. Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China. The bill requires the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill aexpedites the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list. The bill amends the Internal Revenue Code to * repeal certain reduced withholding rates for residents of China, * tax income received by China from certain U.S. investments, and * tax income derived from certain Chinese investments. The bill also allows U.S. courts to hear cases against certain entities or corporate affiliates of a foreign state.
  • Foreign Trade Modernization Act of 2020

    HR #7408 | Last Action: 6/29/2020
    Foreign Trade Modernization Act of 2020 This bill abolishes the United States and Foreign Commercial Service and transfers from the Department of Commerce to the Department of State all functions that were authorized to be performed by the service under any statute, reorganization plan, executive order, or other provision of law. Specifically, the bill transfers to the State Department all contracts, property, records, and unexpended balances of funds, as well as all personnel. Further, the Bureau of Economic and Business Affairs and the relevant diplomatic missions shall, through specified activities, emphasize (1) the promotion of exports of goods and services from the United States, particularly by small and medium-sized businesses; and (2) the protection of U.S. business interests abroad.
  • Foreign Trade Modernization Act of 2020

    HR #7549 | Last Action: 7/9/2020
    Foreign Trade Modernization Act of 2020 This bill abolishes the United States and Foreign Commercial Service and transfers from the Department of Commerce to the Department of State all functions that were authorized to be performed by the service under any statute, reorganization plan, executive order, or other provision of law. Specifically, the bill transfers to the State Department all contracts, property, records, and unexpended balances of funds, as well as all personnel. Further, the Bureau of Economic and Business Affairs and the relevant diplomatic missions shall, through specified activities, emphasize (1) the promotion of exports of goods and services from the United States, particularly by small and medium-sized businesses; and (2) the protection of U.S. business interests abroad.
  • A resolution expressing the sense of the Senate that the United States should initiate negotiations to enter into a free trade agreement with the Republic of Tunisia.

    SRES #506 | Last Action: 2/27/2020
    This resolution urges the United States to begin negotiations to enter a free trade agreement with Tunisia.
  • Enforcing Accountability and Transparency in International Trade Act

    S #3978 | Last Action: 6/17/2020
    Enforcing Accountability and Transparency in International Trade Act This bill requires the U.S. Trade Representative to report on its plans to pursue a U.S. strategy regarding the World Trade Organization (WTO). Such plans must (1) facilitate the full implementation of WTO agreements, (2) enable the maximum benefits from trade to accrue to those members of the WTO that face the greatest difficulty integrating into the multilateral trading system, and (3) ensure that certain members of the WTO do not receive special and differential treatment.
  • Enforcing Accountability and Transparency in International Trade Act

    HR #6627 | Last Action: 4/24/2020
    Enforcing Accountability and Transparency in International Trade Act This bill requires the U.S. Trade Representative to report on its plans to pursue a U.S. strategy regarding the World Trade Organization (WTO). Such plans must (1) facilitate the full implementation of WTO agreements, (2) enable the maximum benefits from trade to accrue to those members of the WTO that face the greatest difficulty integrating into the multilateral trading system, and (3) ensure that certain members of the WTO do not receive special and differential treatment.
  • China Trade Relations Act of 2020

    S #4609 | Last Action: 9/17/2020
    China Trade Relations Act of 2020 This bill withdraws normal trade relations treatment from China and expands the bases of ineligibility for this treatment to include specified violations of human rights by China.
  • China Trade Relations Act of 2020

    HR #8610 | Last Action: 10/16/2020
    China Trade Relations Act of 2020 This bill withdraws normal trade relations treatment from China and expands the bases of ineligibility for this treatment to include specified violations of human rights by China.
  • Competitive Dollar for Jobs and Prosperity Act

    S #2357 | Last Action: 7/31/2019
    Competitive Dollar for Jobs and Prosperity Act This bill requires the Federal Reserve Board to impose a market access charge on foreign purchasers of U.S. assets. The board must levy this charge in order to achieve and maintain a current account balance (i.e., current account surpluses or deficits that do not exceed an average of 0.5% of U.S. gross domestic product).
  • Global Trade Accountability Act of 2019

    HR #723 | Last Action: 3/1/2019
    Global Trade Accountability Act of2019 This bill requires congressional approval of unilateral trade actions. Such actions may take effect without congressional approval for one 90-day period if the President * determines that it is necessary because of a national emergency, because of an imminent threat to health or safety, for the enforcement of criminal laws, or for national security; and * submits written notice of the determination to Congress.
  • Global Trade Accountability Act of 2019

    S #1284 | Last Action: 5/2/2019
    Global Trade Accountability Act of 2019 This bill requires congressional approval of any proposed unilateral trade action that has the effect of increasing trade barriers.
  • A resolution expressing the sense of the Senate that, while the United States finds value and usefulness in the World Trade Organization in fulfilling the needs of the United States and other free and open economies in the 21st century, significant reforms at the World Trade Organization are needed and the United States must therefore continue to demonstrate leadership to achieve those reforms.

    SRES #651 | Last Action: 7/2/2020
    This resolution expresses the sense of the Senate that the World Trade Organization (WTO) is in need of significant reforms and that the United States, acting through the U.S. Trade Representative, must lead efforts to achieve such reforms. Specifically, the Senate urges reforms to the negotiating and dispute settlement functions of the WTO, as well as to the rules for special and differential treatment for disadvantaged countries.
  • Urging all nations to outlaw the dog and cat meat trade and to enforce existing laws against such trade.

    HCONRES #71 | Last Action: 10/31/2019
    This concurrent resolution calls for an end to the consumption and trade of dog and cat meat and urges nations to adopt and enforce laws banning that trade.
  • Urging all nations to outlaw the dog and cat meat trade and to enforce existing laws against such trade.

    HCONRES #66 | Last Action: 9/26/2019
    This concurrent resolution calls for an end to the consumption and trade of dog and cat meat and urges nations to adopt and enforce laws banning that trade.
  • Mongolia Third Neighbor Trade Act

    S #1188 | Last Action: 4/11/2019
    Mongolia Third Neighbor Trade Act This bill allows the President to provide duty-free treatment through 2025 for certain articles imported from Mongolia.
  • Mongolia Third Neighbor Trade Act

    HR #2219 | Last Action: 4/10/2019
    Mongolia Third Neighbor Trade Act This bill allows the President to provide duty-free treatment for certain apparel and textile articles imported from Mongolia.
  • A concurrent resolution urging all nations to outlaw the dog and cat meat trade and to enforce existing laws against such trade.

    SCONRES #29 | Last Action: 11/5/2019
    This concurrent resolution calls for an end to the consumption and trade of dog and cat meat and urges nations to adopt and enforce laws banning that trade.