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Trade Changes: Easing Imports from Developing Countries

This act modifies rules for duty-free imports from developing countries into the U.S. This could mean a wider variety of products and potentially lower prices for consumers, as well as new opportunities for importing businesses. The changes aim to facilitate trade and restore duty-free treatment for many articles.
Key points
Increased value limits for duty-free imports, potentially expanding product availability.
Restoration of duty-free treatment for many products from developing countries, which may lower import costs.
The U.S. President is required to list eligible products for duty-free treatment and expedite their review.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_6555
Sponsor: Rep. Moore, Blake D. [R-UT-1]
Process start date: 2023-12-01
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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

CNL Update Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_6555.

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 2023-12-01.

What are the main provisions?

Key points include:

  • Increased value limits for duty-free imports, potentially expanding product availability.
  • Restoration of duty-free treatment for many products from developing countries, which may lower import costs.
  • The U.S. President is required to list eligible products for duty-free treatment and expedite their review.
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. Moore, Blake D. [R-UT-1].

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