Although the Senate Finance Committee's bipartisan amendment to the China package received 91 votes, some prominent Democrats on trade in the House aren't sure how its provisions could move in their chamber, if Republicans don't agree to calling them up under suspension, which requires a two-thirds vote for passage.
International Trade Today is providing readers with the top stories from June 7-11 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
Rep. Kevin Brady of Texas, the top Republican on the House Ways and Means Committee, has expressed optimism that the House can pass a renewal of the Generalized System of Preferences benefits program and the Miscellaneous Tariff Bill that will match the amendment passed in the Senate as part of its China package. However, when asked by International Trade Today on June 11 if the House would include the anti-counterfeiting measures and the request to the Office of the U.S. Trade Representative to re-open Section 301 exclusions, Brady said he didn't know. He said there's always been bipartisan support for fighting counterfeits, and with regard to the exclusions, "there’s a very strong interest for both chambers and both sides of the aisle," he said.
During a wide-ranging interview on trade with International Trade Today, Rep. Jackie Walorski, R-Ind., said she would like to advance Section 232 reform in the House, get the Generalized System of Preferences benefits program and the Miscellaneous Tariff Bill back in place, and, if warranted, weigh in with the U.S. trade representative on USMCA.
The China package once known as the Endless Frontier Act passed the Senate with 68 votes. The U.S. Innovation and Competition Act includes a trade amendment that authorizes a new Miscellaneous Tariff Bill, restarts applications for Section 301 tariff exclusions, adds an inspector general to the Office of the U.S. Trade Representative, renews the Generalized System of Preferences benefits program for more than five years and directs the CBP to increase inspections of imports with the aim of finding counterfeits. The bill passed the evening of June 8.
International Trade Today is providing readers with the top stories from June 1-4 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The immediate past U.S. trade representative criticized an amendment attached to a China package which would renew the Miscellaneous Tariff Bill, and restart the exclusions for Section 301 tariffs on Chinese imports. The amendment, which got more than 90 votes in the Senate, also renews the Generalized System of Preferences benefits program, but Robert Lighthizer was silent on that aspect of the bill.
After the House Ways and Means Committee chairman expressed optimism that global tax negotiations would solve the problem of digital services taxes around the world, Rep. Kevin Brady of Texas, the ranking Republican on the committee, said that President Joe Biden's strategy is a lose-lose for America.
The U.S. Court of Appeals for the Federal Circuit on June 2 upheld a Court of International Trade ruling that S.C. Johnson's Ziploc brand reclosable sandwich bags are classified under Harmonized Tariff Schedule heading 3923 as articles for the conveyance or packing of other goods, dutiable at 3%, as opposed to heading 3924 as plastic household goods, which would be eligible for duty-free Generalized System of Preferences benefits program treatment. Since the bags could fall under either heading 3923 or 3924, heading 3923 is the correct home for the bags since its terms are "more difficult to satisfy and describe the article with a greater degree of accuracy and certainty," the Federal Circuit said.
International Trade Today is providing readers with the top stories from May 24-28 in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.