# 119-hr-694: Restoring Trade Fairness Act

119-hr-694, Restoring Trade Fairness Act, is a 119th Congress bill sponsored by Rep. Moolenaar, John R. [R-MI-2] (R-MI); status in_committee; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-694
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-694
- Congress: 119
- Title: Restoring Trade Fairness Act
- Status: in_committee
- Introduced: 2025-01-23
- Sponsor: Rep. Moolenaar, John R. [R-MI-2] (R-MI)
- Cosponsors: 2
- Policy area: Foreign Trade and International Finance
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Suspends permanent normal trade relations for China and imposes high, inflation‑adjusted tariff floors on Chinese goods.** The bill would phase in elevated duties and create a Treasury Trust Fund fed by those duties to compensate U.S. producers and finance targeted purchases and defense stockpiles.

## Cosponsors (2)

- Rep. Suozzi, Thomas R. [D-NY-3] (D-NY), 2025-01-23T00:00:00.000Z
- Rep. Diaz-Balart, Mario [R-FL-26] (R-FL), 2025-02-04T00:00:00.000Z

## Provisions PRIA read

- Trust fund from China duty revenue: benefit, high. If enacted, Treasury would transfer into a trust fund each fiscal year an amount equal to duties collected on imports from China, starting in fiscal year 2024. Money could be used, if Congress appropriates it, to compensate U.S. producers harmed by retaliation and to buy agricultural and critical-i…
- More USITC staff and IT money: benefit, low. If enacted, Congress would be authorized to provide $3.6 million to the USITC for fiscal year 2025 and $3.0 million for fiscal year 2026 and each year after. The money would be for hiring staff and improving information technology. Congress must still approve any actual spending.
- Higher China tariffs and rules: cost, high. If enacted, normal trade relations with China would end the day after enactment. The President would set China-only tariff rates based on the HTS column 2 rates and adjust them for inflation. Most rates below 35% would be raised to at least 35%, and certain listed items could have a 100% floor. Dut…
- No $800 duty-free for covered nations: cost, low. If enacted, the bill would remove the $800 de minimis duty-free exemption for articles that originate in a "covered nation." The change would apply to entries made 15 days after enactment. Low-value shipments from covered nations that were once duty-free could owe duties and taxes under this rule.
- Yearly quotas for China-only goods: mixed, high. If enacted, the President would set a yearly tariff-rate quota for goods that are "imported only from China." Each year's quota would equal U.S. consumption minus U.S. production for the most recent year. For three years after enactment, in-quota imports would use pre-enactment duty rates. Beginnin…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-4779: National Security, Department of State, and Related Programs Appropriations Act, 2026
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025

## Sources
- [119-hr-694 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/694)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-4779: National Security, Department of State, and Related Programs Appropriations Act…](https://policyrisk.com/legislation/119-hr-4779)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-694 (as of 2026-04-21).