The House Energy and Commerce Subcommittee on Communications and Technology voted 21-0 on March 12 to approve a bill that would add Chinese drone company Da-Jiang Innovations (DJI) to the FCC's Covered List, thereby prohibiting DJI technology from operating on U.S. communications infrastructure (see 2402200049). The bill, which DJI opposes, now heads to the full committee for its consideration.
House Committee on Ways and Means Chairman Rep. Jason Smith, R-Mo., and the top Republican on the Senate Finance Committee, Mike Crapo of Idaho, said the administration shouldn't sign the current version of the international tax agreement, which would allow countries to collect taxes on firms unrelated to their physical presence in their countries. This is part of a two-part process in the Organization for Economic Cooperation and Development aimed at ending digital services taxes, which target U.S. tech giants.
Twenty-two Republican senators -- including the top Republicans on the Senate Finance and Agriculture committees and one of the front-runners to replace Minority Leader Mitch McConnell -- argue that the "current sharp decline in U.S. agricultural exports is directly attributable to and exacerbated by an unambitious U.S. trade strategy that is failing to meaningfully expand market access or reduce tariff and non-tariff barriers to trade."
Ten senators have introduced a bill to require that the administration reinstate 25% tariffs on Mexican steel imports for at least one year, because they say that Mexico is not honoring the 2019 agreement that lifted Section 232 tariffs on Mexico and Canada. A companion bill was also introduced in the House.
Rep. Tom Kean Jr., R-N.J., chairman of the House Foreign Affairs Subcommittee on Europe, said March 12 that he's drafting a “tough sanctions bill” to help reduce U.S. reliance on Russian state-owned company Rosatom for nuclear fuel.
A bipartisan bill sponsored by a half-dozen House members from Florida -- though none on the Ways and Means Committee -- offers full refunds for tariffs paid for imports of goods that should have been covered by the Generalized System of Preferences benefits program. It also renews the program through the end of 2029.
Democrats that represent Michigan and Ohio, where Big 3 automakers' plants are concentrated, are asking that the Section 301 review hike tariffs on Chinese automakers. Section 301 tariffs already apply a 25% tariff, making the total duty for a Chinese auto 27.5%.
Sen. Josh Hawley, R-Mo., recently introduced a bill that would require the president to hike tariffs on Chinese battery components, solar energy components and wind energy components by 25%. Those goods are currently subject to 25% Section 301 tariffs. The bill also would require that tariff rate to rise by 5 percentage points each year, for five years, until it reaches 50%.
A bipartisan bill has been introduced that would set country-by-country de minimis levels, instruct the administration to reconsider U.S. tariffs "with the focus on the principle of reciprocity" for most favored nation rates, and open a dialogue with Mexico and Canada on allowing Costa Rica and Uruguay to join USMCA.
Funding for the next seven months for the trade-related divisions of the Commerce Department will be down slightly, though fees may more than make up the difference at the International Trade Administration, if projections are accurate. These are considerations as Congress eyes finalizing an appropriations bill by the end of the workweek.