H.R. 694

119th Congress

In Committee

Restoring Trade Fairness Act

Sponsored byRepublican:Rep. Moolenaar, John R. [R-MI-2]MI· Introduced 23 January 2025
Open on Congress.gov

2

Cosponsors

8

Actions

0

Amendments

0

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the Subcommittee on Coast Guard and Maritime Transportation.

23 January 2025·1 year ago

Summary

Introduced in House · Updated 18 April 2025

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.

Timeline

8 actions

  1. Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Armed Services, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    23 January 2025 · IntroReferral

  2. Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Armed Services, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    23 January 2025 · IntroReferral

  3. Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Armed Services, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    23 January 2025 · IntroReferral

  4. Referred to the Subcommittee on Coast Guard and Maritime Transportation.

    23 January 2025 · Committee

  5. Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Armed Services, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    23 January 2025 · IntroReferral

  6. Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Armed Services, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    23 January 2025 · IntroReferral

  7. Introduced in House

    23 January 2025 · IntroReferral

  8. Introduced in House

    23 January 2025 · IntroReferral

Sponsorship

2 cosponsors

Sponsor

Republican:Rep. Moolenaar, John R. [R-MI-2]MI

Cosponsors

  • Democrat150%
  • Republican150%

Classification

Policy area

Foreign Trade and International Finance

Legislative subjects

Administrative law and regulatory proceduresAgricultural tradeAsiaBudget deficits and national debtChinaCongressional oversightCustoms enforcementDepartment of DefenseExecutive agency funding and structureGovernment information and archivesGovernment trust fundsInflation and prices

Cosponsor momentum

Cumulative over time

Cosponsors grew from 1 on 23 January 2025 to 2 on 4 February 2025.

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