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Trade Act Amendment: Tire Articles Excluded from Tariff Preferences

This bill aims to exclude certain tire articles from the Generalized System of Preferences. This means imported tires that previously benefited from lower tariffs will now be subject to standard duties. This could impact tire prices in the market, potentially increasing costs for consumers and businesses.
Key points
Certain imported tire articles will no longer receive preferential tariff treatment.
This may lead to higher tire prices for consumers and businesses.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_5593
Sponsor: Rep. Higgins, Brian [D-NY-26]
Process start date: 2023-09-20
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the Trade Act of 1974 to exempt from the Generalized System of Preferences certain tire articles, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5593.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-09-20.

What are the main provisions?

Key points include:

  • Certain imported tire articles will no longer receive preferential tariff treatment.
  • This may lead to higher tire prices for consumers and businesses.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Higgins, Brian [D-NY-26].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Trade.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy