Background

For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.

China. The Senate took up H.R. 4521, the America COMPETES Act, on March 28, substituted the U.S. Innovation and Competition Act it passed in June 2021, and approved the bill. The Senate and House will next launch a formal conference to resolve the different versions of the legislation.

Shipping. The Senate approved unanimously March 31 the Ocean Shipping Reform Act (S. 3580), legislation similar to but not as wide-ranging as a bill introduced last year in the House and included in the America COMPETES Act. The Senate bill would make it harder for ocean carriers to turn away goods for export and give the Federal Maritime Commission greater authority to regulate harmful practices by carriers.

AD/CV Duties. The China Trade Cheating Restitution Act (S. 3958, introduced March 30 by Sen. Tester, D-Mont.) is designed to ensure that U.S. Customs and Border Protection distributes under the Continued Dumping and Subsidy Offset Act an estimated $38.5 billion in accrued delinquency interest on antidumping duties that CBP collected and withheld from distribution to domestic producers.

Critical Minerals. In light of the national security threat posed by China’s control of nearly two-thirds of the global supply of rare earth elements and many other critical minerals, S. 3962 (introduced March 30 by Sen. Lankford, R-Okla.) would direct the White House to leverage the Quad partnership with Australia, India, and Japan to promote shared investment and development of this resource. The partnership would utilize the U.S. Development Finance Corporation to support new development projects, production technologies, and refining facilities in coordination with Quad partners to produce a more reliable and secure supply chain of critical minerals. It would also direct the Office of the U.S. Trade Representative to reduce trade barriers for critical minerals.

Beef Labeling. H.R. 7291 (introduced March 30 by Rep. Gooden, R-Texas) would establish mandatory country of origin labeling requirements for imported beef.

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