Rep. Steve Scalise, the House Majority Leader-elect, told his colleagues in a Dec. 30 letter that he plans to bring 11 pieces of legislation for a vote during the first two weeks of the 118th Congress, including a bill that would establish a Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party.
Rep. Ron Kind, D-Wis., one of the leading voices for free trade in the Democratic caucus, and Sen. Pat Toomey, R-Pa., a free-trade purist in the Republican caucus, issued a joint paper of recommendations on trade on Dec. 29, just before they were both leaving office.
Just ahead of a change in control at the House Ways and Means Committee, the International Trade Commission issued a comprehensive report on how trade preference programs such as HOPE and HELP and the Caribbean Basin Trade Partnership Act have affected the Haitian economy. The ITC report, which ran 200 pages without appendixes, noted that Haiti's exports to the U.S. are more than 80% of all of Haiti's exports.
The Senate on Dec. 21 confirmed Alexis Taylor to be USDA’s undersecretary for trade and foreign agricultural affairs. Taylor touted the importance of the Indo-Pacific region during her September nomination hearing (see 2209230028).
On the last day of the current Congress, retiring Sen. Rob Portman, R-Ohio, introduced a bill that would ask the Commerce Department and the Office of the U.S. Trade Representative to analyze the economic integration between the U.S. and China in priority sectors, and the U.S. government's views of how that integration should change over the next five to 19 years.
Pennsylvania Republican Sen. Pat Toomey, who chose to retire from the Senate, warned that Section 232 tariffs -- and the economic costs they impose on downstream users of steel -- are "about to get much worse," because there was no interest in passing reforms to the statute.
Two lawmakers asked the Biden administration this week to begin negotiations on trade deals with Ecuador and Uruguay. Trade agreements with both countries would “capitalize on the bipartisan momentum and success” of USMCA, said Sens. Bob Menendez, D-N.J., and Rob Portman, R-Ohio.
The International Trade Administration will receive a major increase in funding from the last fiscal year, a bump from $559 million to $625 million, the more than 4,000-page annual appropriations bill says. Of that, $16.4 million is dedicated for China antidumping and countervailing duty enforcement and compliance, exactly what the administration asked for (see 2203280048).
The top Republican on the Senate Finance Committee and the presumed front-runner for chairman of the House Ways and Means Committee, along with 30 other Republicans on the committees, told Treasury Secretary Janet Yellen that her strategy to tax multinationals -- and in the process, convince countries to abandon digital services taxes -- will not be accepted in Congress.
House Ways and Means Committee ranking member Kevin Brady, R-Texas, who is retiring at the end of this Congress, and outgoing New Democrats Chair Suzan DelBene, D-Wash., introduced a resolution that asks the U.S. trade representative to re-launch negotiations at the World Trade Organization to liberalize trade in environmental goods.