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New Bill Aims to Close Import Tariff Loophole

January 18, 2022

Via: Alliance for American Manufacturing

Category:

Regulations

Rep. Earl Blumenauer (D-Ore.) introduced legislation Tuesday that would strengthen U.S. trade law and close a tariff loophole that has been exploited by bad trade actors and their corporate accomplices.

The Import Security and Fairness Act would prohibit the application of the de minimis threshold on goods imported from countries that are both non-market economies, such as China, and on the U.S. Trade Representative’s Watch List, as China often is.

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