Daily Update on Capitol Hill Trade Actions
"Daily Update on Capitol Hill Trade Actions" is a daily International Trade Today compilation of the most relevant legislation, hearings, and actions by Congress involving international trade. The following are brief summaries of recent Capitol Hill actions:
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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
130 Representatives Push for Action on China Currency Manipulation
On March 15, 2010, a bipartisan group of 130 Representatives sent a letter that was signed by a bipartisan group of their colleagues to Treasury Secretary Tim Geithner and Commerce Secretary Gary Locke urging them to immediately address the growing problems associated with China's continued currency manipulation.
4 Sens Urge No Exemptions for CN, RU in Iran Sanctions Bill
On March 15, 2010, Senators Schumer (D), Kyl (R), Mikulski (D) and Burr (R) urged the Obama administration Monday to drop its push to exempt countries such as China and Russia from a Senate-passed Iran sanctions bill that would impose new penalties on companies doing business with Iran.
Senate Continues Consideration of Jobs Legislation
On March 15, 2010, the Senate continued its consideration of H.R. 2847, the Hiring Incentives to Restore Employment (HIRE) Act, a bill to help spur job creation and make immediate infrastructure investments.
Trade-Related Bills Introduced on March 12, 2010
On March 12, 2010, the following trade-related bills were introduced:
| Earmark ban, limited tariff benefits | H. Res. 1177. A resolution amending the Rules of the House of Representatives to prohibit congressional earmarks, limited tax benefits, and limited tariff benefits |
| CITES | H. Res. 1180. A resolution expressing the sense of the House of Representatives regarding the policy of the United States on wild animals at the Conference of the Parties of the Convention on International Trade in Endangered Species of Wild Fauna and Flora |
Trade-Related Bills Introduced on March 15, 2010
On March 15, 2010, the following trade-related bills were introduced:
| Cuba ag exports and travel | S. 3112. A bill to remove obstacles to legal sales of United States agricultural commodities to Cuba and to end certain travel restrictions to Cuba |
| Food recalls | S. 3114. A bill to improve communication to consumers when there is a food recall |
| Authorization of DHS S&T appropriations | H.R. 4842. A bill to authorize appropriations for the Directorate of Science and Technology of the Department of Homeland Security for fiscal years 2011 and 2012, and for other purposes |
| HMT | H.R. 4844. A bill to ensure that amounts credited to the Harbor Maintenance Trust Fund are used for harbor maintenance |
Any "Capitol Hill Trade Action" warranting more in-depth coverage will be summarized individually in a future issue of International Trade Today.