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 Protecting American Autoworkers from China Act (H.R. 8351, introduced May 10 by Rep. Golden, D-Maine) would increase import duties on all imported automobiles manufactured by Chinese automakers, regardless of the actual place of manufacture, to 125 percent of the base rate.
The Declaring Our Energy Independence from China Act (H.R. 8352, introduced May 10 by Rep. Golden) would require the president to apply additional tariffs of 25 percent (increasing by five percent a year for five years) to all battery components, solar energy components, and wind energy components imported from China. The bill would also require the Office of the U.S. Trade Representative to submit to Congress a report detailing the extent to which China has, during the preceding 15 years, provided industrial subsidies to its battery, solar energy, and wind energy sectors.
Trade relations. The U.S.-Africa Strategic Trade and Investment Partnership Act (H.R. 8249, introduced May 6 by Rep. Cherfilus-McCormick, D-Fla.) would require the U.S. to “develop an ambitious roadmap for enhanced cooperation” with the African Continental Free Trade Area, with the goal of “negotiating high-standard commitments” in areas including digital trade, good regulatory practices, trade facilitation, and labor and environmental issues.
The Senate Foreign Relations Committee amended and approved May 7 the Western Balkans Democracy and Prosperity Act (S. 1651), which would, among other things, establish a regional trade and economic competitiveness initiative to support democratic resilience, economic development, and prosperity in the region.
Exports. The Enhancing National Frameworks for Overseas Restriction of Critical Exports Act (H.R. 8315, introduced May 8 by Reps. McCaul, R-Texas, and Wild, D-Pa.) would authorize the Bureau of Industry and Security to control exports of covered artificial intelligence systems by (1) providing clear legal authority to BIS to use U.S. persons controls on activities relating to covered AI systems or other national security-related emerging technologies and (2) allowing BIS to require licenses for exports of such items.
IPR. The Bringing Back American Jobs Through Intellectual Property Repatriation Act (H.R. 8274, introduced May 7 by Rep. LaHood, R-Ill.) would (1) allow U.S. companies to bring back IP developed offshore without any immediate U.S. tax cost, (2) continue a policy that companies would be subject to tax should they sell repatriated IP in the future, and (3) ensure that IP in fact returns to the U.S. (as opposed to simply being moved between different controlled foreign corporations of a U.S. company) by requiring the distribution back to the U.S. shareholder to be completed within 180 days of the first transfer between CFCs.
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