Search Results: keywords:"import duties"

  • H. R. 7836 — To amend the Harmonized Tariff Schedule of the United States to provide for permanent duty-free treatment on imports of basketballs.
    Status:Introduced in House
    Words:332

    H. R. 7836 aims to amend the Harmonized Tariff Schedule of the United States to ensure that basketballs can be imported into the country without having to pay any import duties. The bill introduces a new tariff subheading for basketballs, classifying them under the code...

    Simple Explanation

    H. R. 7836 wants to make sure that basketballs can come into the United States without anyone having to pay an extra fee when they are brought here from other countries. This means that people can get basketballs cheaper, just like adding a new rule where basketballs get a special "no-cost" pass at the border!

  • H. R. 10181 — To exclude the imposition of duties and import quotas from the authorities provided to the President under the International Emergency Economic Powers Act.
    Status:Introduced in House
    Words:332

    H.R. 10181, also known as the "Prevent Tariff Abuse Act," aims to limit the powers of the U.S. President by excluding the ability to impose duties, tariff-rate quotas, or other quotas on imports. The bill proposes amendments to the International Emergency Economic Powers Act,...

    Simple Explanation

    The "Prevent Tariff Abuse Act" is a new rule that says the President can't put special extra costs or limits on things that come from other countries, even when there is an emergency. This is to make sure that the rules for trading things from other countries are decided in a different way and not just by one person during an emergency.

  • S. 5264 — To suspend normal trade relations with the People’s Republic of China and to increase the rates of duty applicable with respect to articles imported from the People's Republic of China, and for other purposes.
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    Status:Introduced in Senate
    Words:17,415

    The bill S. 5264 aims to suspend normal trade relations with China and increase the import duties on Chinese products. Congress believes this is necessary because China has not complied with previous trade agreements and continues to engage in unfair and harmful trade...

    Simple Explanation

    The bill wants to stop trading normally with China and make Chinese things cost more when they come to America because China hasn't been playing fair. It also wants to save money to help workers and businesses that might get hurt if China stops buying from us.

  • H. R. 8351 — To increase duties imposed with respect to autos imported into the United States that originate in the People’s Republic of China, and for other purposes.
    Status:Introduced in House
    Words:638

    H. R. 8351 aims to raise the import duties on automobiles imported into the United States from China to 100%. This increase in tariffs is intended to protect American autoworkers by making imported Chinese autos more expensive, thereby encouraging consumers to buy more...

    Simple Explanation

    This bill wants to make cars from China way more expensive in the United States by adding a big tax, so people are more likely to buy cars made in the US instead.

  • S. 4761 — To require increased duties for goods and services imported from countries that import crude oil or petroleum products produced in the Islamic Republic of Iran.
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    Status:Introduced in Senate
    Words:1,177

    The Tariffs for Terrorism Act of 2024 aims to impose steep duties on goods and services imported into the United States from countries that buy crude oil or petroleum products from Iran. These duties could be as high as 500% to discourage international trade with Iran, which...

    Simple Explanation

    The Tariffs for Terrorism Act of 2024 is like a new rule that says the U.S. can charge a lot more money (up to 500% extra) on stuff it buys from countries that get oil from Iran, to try and stop Iran from getting money that might be used for bad things. Every four months, they will check which countries this affects, but it's a tricky process that could make trading with other countries confusing or difficult.

  • S. 5066 — To require the approval of Congress for the President to impose duties on the importation of articles into the United States.
    Status:Introduced in Senate
    Words:574

    S. 5066 aims to require the President to get approval from Congress before imposing duties on goods imported into the United States. The bill, titled the "No Taxation Without Representation Act of 2024," amends the Trade Act of 1974 by stating that the President must submit a...

    Simple Explanation

    The bill wants the President to ask Congress before adding extra costs (called duties) to things coming into the country, except in special cases. This is to make sure both the President and Congress agree on these decisions.

  • H. R. 8912 — To temporarily suspend duties on imports of titanium sponge, and for other purposes.
    Status:Introduced in House
    Words:832

    The bill H. R. 8912, titled the "Securing America’s Titanium Manufacturing Act of 2024," aims to temporarily remove duties on titanium sponge imports to the United States. This duty-free period starts 30 days after the bill becomes law and lasts until December 31, 2031, or...

    Simple Explanation

    The bill wants to let the U.S. stop charging extra fees on a special metal called titanium sponge when bringing it in from other countries, so companies can buy it cheaper. But, they can't do this with some countries like Russia and North Korea, and the President can decide to stop this deal if it's needed to keep America safe.

  • H. R. 9827 — To impose additional duties on imports of goods into the United States.
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    Status:Introduced in House
    Words:368

    H.R. 9827 proposes to impose an additional tax on goods imported into the United States. The bill requires the President to apply a 10% ad valorem duty on imports. Each year, this duty could increase by an additional 5% if the U.S. has a trade deficit, or decrease by 5% if...

    Simple Explanation

    This bill is like adding a price tag to toys you buy from another country; if America buys more than it sells to other places, the price increases a bit each year, but if America sells more than it buys, the price tag goes down.