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S 1537 118th Congress Senate Foreign Trade and International Finance

Raising Tariffs on Imports from China Act of 2023

Introduced: May 10, 2023 Introduced by: Hawley, Josh Republican · Missouri See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 10, 2023
Read twice and referred to the Committee on Finance.
May 10, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Raising Tariffs on Imports from China Act of 2023

This bill directs the President to annually calculate and publish in the Federal Register (1) the total value of articles imported into the United States from China, and (2) the total value of articles exported from the United States to China.

If the total value of articles imported into the United States from China exceeds the total value of articles exported from the United States to China for the preceding year, then the President must impose a 25% ad valorem duty on each article imported from China. These additional duties must continue until the total value of articles imported from China is equal to or less than the total value of articles exported to China for the preceding calendar year.

What's happening now May 10, 2023

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1