For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
Nearshoring. H.Res. 1480 (introduced Nov. 16 by Rep Sires, D-N.J.) would promote stronger economic relations between the U.S. and countries in Latin America and the Caribbean by (1) recognizing the destabilizing impact of U.S. reliance on Chinese suppliers and calling attention to the importance of supply diversification, (2) encouraging the U.S., as well as governments in Latin America and the Caribbean, to increase opportunities for nearshoring in the region, (3) directing the State Department to take a leading role in advocating for nearshoring in Latin America and the Caribbean and promoting public-private cooperation, and (4) requesting that the U.S. Agency for International Development and the Development Finance Corporation strengthen programmatic support for initiatives that facilitate the relocation of global supply chains to the Western Hemisphere.
CAFTA-DR. H.Res. 1481 (introduced Nov. 16 by Rep. Torres, D-Calif.) would urge U.S. policy toward Guatemala to support the rule of law and address corruption and other challenges, including by reviewing whether Guatemala is violating CAFTA-DR (e.g., provisions that require governments to establish procedures to disqualify suppliers that engage in fraudulent or illegal activities), freezing economic assets of corrupt actors, and ensuring that U.S. investment does not violate human rights.
Tariffs. H.R. 9322 (introduced Nov. 16 by Rep. Suozzi, D-N.Y.) would authorize the extension of normal trade relations treatment (effectively lowering import tariffs) to the products of Kazakhstan, Uzbekistan, and Tajikistan.
Shipping. The Cargo Preference Reporting Act (S. 5090, introduced Nov. 15 by Sen. Fischer, R-Neb.) would require the Maritime Administration to publicly report each year, for each federal department or agency, the total cargo volume and amount shipped by the department or agency on U.S. and foreign vessels.
Trade Council. The Senate reported favorably Nov. 17 S. 4243, which would establish the Department of Homeland Security Trade and Economic Security Council and the position of assistant secretary for trade and economic security within DHS.
Copyright © 2023 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.