Trade Rules: Limiting Non-Market Economy Content in Goods
This act aims to change trade agreement rules to limit the amount of content from non-market economy countries in goods imported into the U.S. This means products we buy will need to have fewer parts or raw materials from such countries, potentially affecting the availability and prices of certain goods.
Key points
New trade agreements will require that no more than 20% of a product's value content originates from non-market economy countries for the first 5 years.
After 5 years, this limit will decrease to 10% of the product's value content.
The goal is to support production from market economy countries and reduce reliance on non-market economies.
Expired
Citizen Poll