A bipartisan duo introduced a bill in the House that would not allow future Section 232 tariffs or quotas without congressional approval, and would give Congress the ability to end the current steel and aluminum tariffs and quotas.
Sen. Marco Rubio, R-Fla., and Sen. Jon Ossoff, D-Ga., joined by 15 members of the Florida House delegation, Sen. Rick Scott, R-Fla., and four House members from Georgia, asked the U.S. trade representative for an update on a private sector industry advisory panel of Southeastern fruit and vegetable producers.
House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., said he intends to co-sponsor a renewal of the African Growth and Opportunity Act, and said he believes the appetite in Congress is "strong" to act before the summer of 2025. AGOA expires Sept. 30, 2025.
Rep. Rick Larsen, D-Wash., one of the shrinking number of members of Congress who advocates for engaging with China rather than punishing it, recently published a white paper of his views on how to manage competition with China, how to use both offensive and defensive measures to compete with China, how to improve U.S. governance and competitiveness, and how to identify areas of cooperation.
The National Foreign Trade Council said Canada's proposed digital services tax "is clearly discriminatory towards U.S. companies," and the bill's introduction is shortsighted.
U.S. trade policy should focus more on securing free trade deals and less on tariffs on Chinese goods, farmers told the leaders of the House Select Committee on China during an Aug. 3 panel in Iowa.
The titanium sponge working group, convened after a Section 232 report on the product, as an alternative to imposing tariffs or tariff rate quotas, says that eliminating the 15% tariff on titanium sponge could benefit domestic titanium producers.
China's exports of cars have jumped sharply as its domestic car demand has flattened, experts said, but the impacts for U.S. auto production may not repeat what happened to other manufacturing sectors undercut by cheap Chinese imports.