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Search Results: keywords:"industrial policies"

  • The bill S. 3863, titled the “Closing Auto Tariffs Loopholes Act,” aims to clarify the country of origin for certain passenger motor vehicles. It specifies that, starting 180 days after the bill is enacted, any vehicles related to heading 8703 of the U.S. Harmonized Tariff...

    Simple Explanation

    The bill wants to make sure everyone knows where some cars come from, especially if they're made by countries the U.S. doesn't trust, like China or Russia, so they can treat these cars as if they're from those countries.

  • The bill S. 5110, titled the "Stopping Adversarial Tariff Evasion Act," seeks to specify how to identify the country of origin for certain goods imported into the United States. It aims to enhance trade enforcement by classifying any products from foreign adversaries, or...

    Simple Explanation

    The bill is like a set of special rules to help the United States figure out where things come from when they’re sent here from other countries, especially if those countries are not friendly, like China or Russia. This helps make sure that everyone plays fair and keeps the country safe from tricky situations.