Restoring Trade Fairness Act
Official title: A bill to suspend normal trade relations with the People's Republic of China and to increase the rates of duty applicable with respect to articles imported fro… Show full official titleShow less
Official title: A bill to suspend normal trade relations with the People's Republic of China and to increase the rates of duty applicable with respect to articles imported from the People's Republic of China, and for other purposes.
More subjectsShow fewer subjects
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Read twice and referred to the Committee on Finance.
Restoring Trade Fairness Act
This bill establishes various trade measures related to China, including by revoking China's permanent normal trade relations (PNTR) status and increasing the rates of duty (i.e., tariffs) on Chinese imported goods. The bill prohibits imported goods originating from North Korea, China, Russia, or Iran from receiving de minimis treatment. (Current law allows for U.S. imports under a de minimis threshold of $800 per shipment to enter free of tariffs, fees, and taxes.)
Specifically, the bill revokes China's PNTR status. Currently, China's PNTR status allows for Chinese goods to have duty rates set forth in column 1 of the Harmonized Tariff Schedule of the United States (HTS). With the removal of China's PNTR status, the bill generally sets the applicable duty rates on imported Chinese goods at the higher rates listed in column 2 of the HTS, with exceptions.
The bill establishes a minimum duty rate of 35% for all Chinese goods, which requires column 2 rates to be at least 35%. However, the bill establishes a minimum duty rate of 100% for a list of specified goods (e.g., various minerals, certain vaccines and drugs, and certain defense-related articles). Duty rates are phased in over five years and adjusted annually for inflation.
The bill also
- authorizes the President to take additional actions related to trade with China,
- requires merchandise imported from China to be appraised based on U.S. value, and
- establishes a trust fund to compensate U.S. producers for lost revenue resulting from retaliatory actions by China.
- Introduced in Senate Formatted Text PDF Formatted XML
- CASE NEW HOLLAND INDUSTRIAL INC.
- FEDEX CORPORATION
- FEDEX CORPORATION
- CASE NEW HOLLAND INDUSTRIAL INC.
- FEDEX CORPORATION
- CASE NEW HOLLAND INDUSTRIAL INC.
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Treasury, Dept of
- Federal Motor Carrier Safety Administration
- Labor, Dept of (DOL)
- Transportation, Dept of (DOT)
- Agriculture, Dept of (USDA)
- Commerce, Dept of (DOC)
Cite this page
U.S. Congress. (2026). S. 206: Restoring Trade Fairness Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-206/
"S. 206: Restoring Trade Fairness Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-206/.
S. 206, 119th Cong. (2026), https://openamerica.io/bill/119-S-206/.
[S. 206: Restoring Trade Fairness Act](https://openamerica.io/bill/119-S-206/)