Legislative Update: Tariffs, Cashmere, Wildlife, LNG, Sanctions, Drugs, Trade Aid
Customs Duties. H.R. 2261 (introduced April 10 by Rep. King, D-N.Y.) would allow full subrogation, including subrogation to the priority rights of the U.S., of claims for the payment of customs duties.
Cashmere. The Mongolia Third-Neighbor Trade Act (H.R. 2219, introduced April 10 by Rep. Yoho, R-Fla.; and S. 1188, introduced April 11 by Sen. Cardin, D-Md.) would allow duty-free entry of cashmere from Mongolia.
Endangered Species. H.R. 2245 (introduced April 10 by Rep. Grijalva, D-Ariz.) would prohibit the import and export of any species listed or proposed to be listed under the Endangered Species Act as a threatened or endangered species.
The Bear Protection Act (H.R. 2264, introduced April 10 by Rep. Lieu, D-Calif.) would prohibit the importation, exportation, and interstate trade of bear viscera and items, products, or substances containing, or labeled or advertised as containing, bear viscera.
Natural Gas. The Small Scale LNG Access Act (H.R. 1836, introduced March 18 by Reps. Yoho and Waltz, R-Fla.) would amend the Natural Gas Act to expedite the approval of natural gas exports equal to or less than 51.1 billion cubic feet per year. “The current permitting process for LNG export facilities is expensive, and small-scale projects often are not cost effective under current conditions,” a press release from Yoho’s office explains. “Reducing the time and investment required for small-scale exports will benefit U.S. production, manufacturing, and construction jobs while also reducing trade deficits with the importing country.” Waltz added that the bill would help give South and Central American countries an alternative to politically unstable Venezuela for energy resources.
The License Natural Gas Now Act (H.R. 2248, introduced April 10 by Rep. Higgins, R-La.; and S. 1155, introduced April 11 by Sen. Cassidy, D-La.) would terminate the prohibitions on the exportation and importation of natural gas. The bill would retain the executive branch’s ability to limit imports or exports during national emergencies or disasters or from/to nations unfriendly to the U.S.
The Protecting U.S. Businesses Abroad Act (H.R. 2167, introduced April 9 by Rep. Curtis, R-Utah) would authorize the president to impose sanctions with respect to any foreign person the president determines, based on credible evidence, engages in public or private sector corruption activities that adversely affect a U.S. foreign investor.
Pharmaceuticals. H.R. 2209 (introduced April 10 by Rep. Meadows, R-N.C.) would establish the position of chief pharmaceutical negotiator in the Office of the U.S. Trade Representative responsible for conducting trade negotiations and enforcing trade agreements related to acts, policies, and practices of foreign governments that fail to appropriately reward U.S. innovation with respect to pharmaceuticals.
For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956.