U.S. House bill includes trade provisions and addresses trading relationship with China
H.R. 4521 includes provisions to address the United States-China trading relationship as well as other general trade measures
Addresses trading relationship with China
U.S. House Ways and Means Committee Chairman Richard E. Neal (D-MA) on January 25, 2022, introduced H.R. 4521, the America COMPETES Act of 2022, that includes provisions to address the United States-China trading relationship as well as other general trade measures.
According to a Ways and Means release, the trade title—the American Worker and Trade Competitiveness Act—includes provisions that would:
- Reauthorize and modernize Trade Adjustment Assistance (TAA) programs
- Extend and reform the Generalized System of Preferences (GSP) and Miscellaneous Tariff Bill (MTB) legislation
- Strengthen U.S. international trade laws to prevent “unfairly traded goods” from exploiting the de minimis import threshold
- Authorize the U.S. Trade Representative (USTR) to take strategic steps to improve supply chain resiliency
- Strengthen U.S. anti-dumping and countervailing duty laws to protect U.S. workers and to address China’s anti-free market trade practices that distort the global market
- Reaffirm the U.S. government’s commitment to the World Trade Organization (WTO)
- Allow U.S. Customs and Border Protection (CBP) to update its staffing model “to better respond to the challenges of the modern trading system”
Read a one-page description [PDF 143 KB] of the trade title
Read full text [PDF 6.1 MB] of H.R. 4521
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Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
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George Zaharatos |
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