The Subcommittee on Trade is responsible for matters related to international trade, including customs, tariffs, the negotiation and implementation of reciprocal trade agreements, and international trade rules and organizations. Its jurisdiction covers import trade matters, including unfair import practices and antidumping and countervailing duty provisions of U.S. trade remedies laws, import policy which relates to dependence on foreign sources of supply, and adjustment assistance and programs to encourage competitive responses to imports. The Trade Subcommittee also addresses special trade-related problems involving market access, competitive conditions of specific industries, export policy and promotion, access to materials in short supply, bilateral trade relations including trade with developing countries, and trade with non-market economies. The Subcommittee oversees the budget authorizations for the customs revenue functions of the Department of Homeland Security, the U.S. International Trade Commission (ITC), and the U.S. Trade Representative (USTR).
SPRINGFIELD, MA – Today, Ways & Means Committee Ranking Member Richard Neal (D-MA) released the following statement after the United States Trade Representative (USTR) Robert Lighthizer notified Congress that the Trump Administration intends to initiate new trade negotiations with the European Union, the United Kingdom, and Japan, respectively:
WASHINGTON, DC – Ways and Means Committee Ranking Member Richard Neal (D-MA) and Trade Subcommittee Ranking Member Bill Pascrell, Jr.
(As prepared for delivery)
Mr. Chairman, I know that the bills before us today have bipartisan support. Some are even issues of longstanding interest to our members. But I think we should recognize that these bills will do little to actually improve the everyday lives of Medicare beneficiaries, who face skyrocketing health care costs.
SPRINGFIELD, MA – Ways & Means Committee Ranking Member Richard Neal (D-MA) released the following statement after the Trump Administration announced it had resolved bilateral matters with Mexico in the ongoing renegotiation of NAFTA and would resume discussions with Canada: