For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
Tariffs. The Tariff Refund Act (H.R. 9768, introduced July 16 by Rep. Stevens, D-Mich.) would create a formula for refunding to U.S. families roughly $231 billion in revenue from tariffs imposed under the International Emergency Economic Powers Act.
The Lindsey O. Graham Sanctioning Russia Act (S. 5025, introduced July 16 by Sens. Graham, R-S.C., and Blumenthal, D-Conn.) would (1) direct the president to impose up to 100 percent tariffs on goods imported from the world’s top five purchasers of Russian oil and gas (with an exception for countries importing less than 15 percent of Russia’s natural gas exports and taking significant steps to reduce those imports) or the top five facilitators of Russian oil sanctions evasion, (2) impose primary and secondary sanctions against Russia and actors supporting Russia’s war in Ukraine, including state-owned enterprises and foreign companies, and (3) prohibit U.S. persons from purchasing Russian sovereign debt, making new investments in Russia or its energy sector, transferring funds to or from the Russian government or for the benefit of Russian officials, and exporting, re-exporting, or transferring U.S.-origin energy or energy products to or within Russia.
Trade agenda. The Senate Finance Committee has rescheduled to July 22 a hearing on the president’s 2026 trade policy agenda.
Imports. S. 4945 (introduced July 13 by Sen. Cassidy, R-La.) would impose tariff-rate quotas on imports of shrimp, honey, crawfish products, rice, and fish fillets. It would also raise import duties on sheep meat, goat meat, and live bovine animals and increase TRQs on sheep meat, goat meat, and beef.
The Protecting America’s Food Supply Act (H.R. 9749, introduced July 16 by Rep. Lawler, R-N.Y) would direct the Department of Health and Human Services to (1) conduct a comprehensive assessment of imported food products to evaluate public health risks, including safety violations, recalls, import volumes, and coordination between the U.S. and foreign regulators, and (2) publicly report key information on imported food safety, including Food and Drug Administration inspection targets, the number of inspections completed, inspection trends by commodity and country of origin, and whether the FDA’s foreign food inspection program is meeting the requirements of the Food Safety Modernization Act and risk-based inspection standards.
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