To protect small businesses from increased tariffs and other retaliatory actions taken by the United States during a trade dispute.
Referred to the Subcommittee on Trade.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jan 8, 2003
Exempts an importer with under 100 employees during the two preceding calendar quarters from increased tariffs and retaliatory actions imposed by the United States with respect to the goods of a foreign country with which the United States is in a trade dispute under a trade agreement, where the imposition of such increased tariffs and retaliatory actions is due to such country's failure to comply with the trade agreement's terms. Applies such exemption to that quantity of goods which does not exceed 125 percent of the quantity of the same goods that are products of the country and were imported by that importer in the preceding calendar year.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.
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