Assistance for Firms Harmed by Tariffs on Exports Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 17, 2021)
Assistance for Firms Harmed by Tariffs on Exports Act
This bill expands the authority of the Department of Commerce to provide trade adjustment assistance (i.e., assistance provided to companies that are adversely affected by competing imported goods and services) to firms.
Specifically, Commerce may provide such assistance to a firm that has experienced a decrease in the export of the firm's articles or services as a result of tariffs imposed on such exports by a foreign country in response to U.S. tariffs imposed on the imports of that country. Such decrease must have contributed importantly to a decline in sales or production.
Under current law, Commerce may only provide such assistance to a firm upon a determination that increases of imports of articles or services like or directly competitive with the firm's articles or services contributed importantly to a decline in sales or production.
What just happenedSep 17, 2021
Referred to the Subcommittee on Trade.
Who’s behind it
- Introduced in HouseSep 17, 2021
- Sep 17, 2021Committee
Referred to the Subcommittee on Trade.
Trade Subcommittee - Sep 17, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 17, 2021IntroReferralIntro-H
Introduced in House
- Sep 17, 2021IntroReferral1000
Introduced in House