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HR 6124 116th Congress House Foreign Trade and International Finance Competitiveness, trade promotion, trade deficits Tariffs Trade adjustment assistance Trade agreements and negotiations Trade restrictions Unemployment War and emergency powers

Assistance for Firms Harmed by Tariffs on Exports Act

Introduced: March 5, 2020 Introduced by: Schneider, Bradley Scott Democratic · Illinois See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 2020
Referred to the House Committee on Ways and Means.
Mar 5, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Assistance for Firms Harmed by Tariffs on Exports Act

This bill provides financial assistance to companies harmed by retaliatory foreign tariffs.

Specifically, it expands the Trade Adjustment Assistance for Firms program, which currently provides such assistance to companies adversely affected by competing imported goods and services.

The bill authorizes companies that have seen a significant decrease in sales of exported goods or services, in whole or in part as a result of tariffs imposed by foreign countries in response to U.S. tariff increases, to petition the Department of Commerce for trade adjustment assistance.

What's happening now March 5, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1