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Search Results: keywords:"trade tariffs"

  • H.R. 735, known as the "United States Reciprocal Trade Act," authorizes the President to take actions to address trade imbalances where foreign countries impose higher tariffs or non-tariff barriers on U.S. goods than the U.S. does on their goods. The bill allows the President to negotiate...

    Simple Explanation

    The "United States Reciprocal Trade Act" lets the President make deals or raise taxes on goods from other countries if they treat U.S. goods unfairly, like charging more taxes. The President has to talk with Congress first and can make these changes for up to three years unless Congress says it's okay to keep going.

  • S. 5564 proposes to significantly increase the import duty on garlic coming from the People's Republic of China, setting the rate at $100 per kilogram. The bill also suggests that Congress wants to prohibit all garlic imports from China, whether fresh or preserved. Additionally, it...

    Simple Explanation

    S. 5564 is a plan to make it cost a lot more money to bring garlic from China into the U.S., and to use that extra money to help American farmers who grow garlic. It also talks about not letting any garlic from China into the country at all.