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Search Results: keywords:"trade act of 1974"

  • H.R. 7967 aims to amend the Trade Act of 1974 by changing how the United States decides to withdraw, suspend, or limit a country's eligibility under the Generalized System of Preferences. The bill requires that the President considers the impacts of such actions on meeting...

    Simple Explanation

    Imagine the United States has a special program that helps other countries by not charging extra money on stuff they sell to the U.S. This new bill says the President should think about how stopping this help might affect the people and workers in those countries before making a decision.

  • H. R. 6990 seeks to update the criteria for determining which countries are eligible to benefit from the Generalized System of Preferences, a program aimed at promoting economic growth in developing countries. The bill proposes to amend the Trade Act of 1974 to include...

    Simple Explanation

    The bill wants to change the rules for helping other countries grow their economies by making sure they play fair with digital trade and protect people's online data. It checks if a country makes it hard to do business online or doesn't keep people's personal information safe.

  • H. R. 8010, titled "Preserving America’s Interests and Security in Trade Act," seeks to revise the criteria for designating beneficiary countries under the Generalized System of Preferences (GSP). The bill proposes amendments to the Trade Act of 1974, adding new...

    Simple Explanation

    The bill is like a rulebook that helps the United States decide which countries get special trading privileges. It wants to make sure these countries are not doing things that could potentially harm America's safety or important friendships.

  • The Generalized System of Preferences Reform Act (H.R. 7986) seeks to modify and extend the Generalized System of Preferences (GSP) until December 31, 2030. It updates rules for determining beneficiary countries, including considerations for human rights and economic...

    Simple Explanation

    The Generalized System of Preferences Reform Act is like a plan to help countries sell certain goods to the U.S. without charging extra money. It changes some rules for picking which countries get help and wants people to follow new rules so everything is fair and good for everyone.

  • H. R. 9876 is a bill aimed at enforcing fair trade practices between the United States and the Republic of Korea, particularly focusing on digital trade. The United States seeks to counteract what it sees as discriminatory business practices by South Korea that could harm...

    Simple Explanation

    H. R. 9876 is a plan to help make sure that trading with South Korea is fair, especially when it comes to digital things like apps and online stuff, and it wants to stop unfair rules that might hurt U.S. businesses. If South Korea does something unfair, the people in charge of trade will tell Congress and might suggest new rules to keep things fair.

  • The bill, known as the "Women’s Economic Empowerment in Trade Act of 2024," aims to amend the Trade Act of 1974 to improve conditions under the Generalized System of Preferences. It seeks to strengthen worker protections and ensure that developing countries receiving benefits from the United...

    Simple Explanation

    The bill wants countries that get special trading benefits from the U.S. to treat all workers fairly and give women the same rights as men. If they don't, they might get fewer benefits.

  • 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. 7997 seeks to modify the Trade Act of 1974 to ensure that China is automatically excluded from being recognized as a beneficiary country under the Act. This legislative move is aimed at countering what it views as China’s anti-competitive practices. The bill, titled the...

    Simple Explanation

    H. R. 7997 is a plan to make sure China can't be part of a special trade list, because some people think they aren't playing fair in trade. It was suggested by a person named Mr. Dunn and is now being looked at by a group in Congress.

  • The bill, S. 4582, aims to reauthorize the Trade Adjustment Assistance (TAA) program, which provides support to U.S. workers, firms, and farmers affected by international trade. This legislation extends the provisions of the TAA program as previously defined in the Trade Act...

    Simple Explanation

    The bill wants to keep helping people who lose their jobs because of international trade by giving them extra money and support until 2030. It also lets people who were told they can't get help try to ask again.

  • H.R. 9724, known as the "Axing Non-market Tariff Evasion Act" or "ANTE Act," aims to enhance the authority of the United States International Trade Commission (USITC) under section 301 of the Trade Act of 1974. The bill allows the USITC to investigate if companies from non-market economy...

    Simple Explanation

    The BILL called the "ANTE Act" wants to let the U.S. make sure other countries aren't sneaking around to avoid paying taxes when they sell things in America. If they find out someone is cheating, they can ask Congress for permission to do something about it, like adding extra taxes to those sneaky things.