H.R. 505 aims to impose additional duties on imports of goods into the United States. Initially, the President must set a 10% ad valorem duty on these imports. If the U.S. has a trade deficit for the previous year, the duty increases by an additional 5%; if there's a trade...
H.R. 505 wants to add extra charges on stuff brought into the country. The charge goes up or down a little each year, depending on whether the U.S. bought more than it sold last year.
S. 3866, titled the “Declaring Our Energy Independence from China Act of 2024,” aims to impose additional duties on imports of green energy goods from China. The bill argues that relying on Chinese-made green energy products threatens U.S. energy independence and outlines a...
The bill wants to make special rules that add extra costs to some clean energy things bought from China, because it thinks using too many of these things from China could be bad for America. It also plans to keep an eye on how much of these things America is using and check if China is helping its energy businesses too much.
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