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).
WASHINGTON, DC – Senate Finance Committee Ranking Member Sen. Ron Wyden, D-OR, and House Ways and Means Committee Ranking Member Rep. Richard Neal, D-MA, issued the following statement on President Trump’s transmission to the Senate of his nomination of Amy Karpel to serve on the International Trade Commission.
WASHINGTON, DC – Ways and Means Committee Ranking Member Richard Neal (D-MA) and Trade Subcommittee Ranking Member Bill Pascrell, Jr. (D-NJ) today released the following statements after the U.S.
WASHINGTON, DC – Today, Ways and Means Ranking Member Richard Neal (D-MA) and Trade Subcommittee Ranking Member Bill Pascrell (D-NJ) introduced H.R. 4979, bipartisan legislation that renews the Generalized System of Preferences (GSP) program for three years.