S3566119th CongressWALLET

No Trade Preferences for Communist China Act

Sponsored By: Senator Scott, Rick [R-FL]

Introduced

Summary

This bill would withdraw normal trade relations (NTR) treatment for the People's Republic of China. It would replace current tariff treatment for Chinese-origin goods with the higher duty rates listed in column 2 of the U.S. Harmonized Tariff Schedule and allow the President to raise duties above those rates.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Higher tariffs on goods from China

If enacted, the bill would end normal trade relations with the People’s Republic of China. That change would take effect 90 days after enactment and block future NTR extensions for China. It would make the column 2 Harmonized Tariff Schedule duty rates apply to all China-origin products. The President would also be able to raise those duty rates above the column 2 levels. For this section, "People's Republic of China" would include China, Hong Kong, Macau, and their agencies. Importers, U.S. businesses that use Chinese inputs, and consumers would likely face higher costs and prices.

Sponsors & CoSponsors

Sponsor

Scott, Rick [R-FL]

FL • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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