Search Results: keywords:"import tariffs"

  • H. R. 7638 — To require the Secretary of Commerce to reimpose duties on steel imported into the United States from Mexico, and for other purposes.
    Status:Introduced in House
    Words:551

    H.R. 7638, titled the “Stop Mexico’s Steel Surge Act,” proposes that the Secretary of Commerce reinstate duties on steel imported from Mexico. This bill expresses that Congress believes Mexico has not honored its commitments from an agreement made in 2019, harming the U.S....

    Simple Explanation

    The bill wants the U.S. to put special taxes on steel that comes from Mexico because they don't think Mexico is keeping its promises from a deal made in 2019. This is to help the U.S. steel businesses stay strong and safe from unfair competition.

  • 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. 9827 — To impose additional duties on imports of goods into the United States.
    💰
    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.