arrow_back Back to App

Trade Normalization: Standard Tariffs for Kazakhstan, Uzbekistan, and Tajikistan.

This bill authorizes the President to grant Kazakhstan, Uzbekistan, and Tajikistan "Normal Trade Relations" status. This means goods imported from these nations would face standard, lower tariffs, similar to most US trading partners. The goal is to simplify commerce, potentially affecting the availability and cost of certain imported goods for US consumers and businesses.
Key points
The President gains authority to remove special trade restrictions previously imposed on Kazakhstan, Uzbekistan, and Tajikistan.
Products from these countries will be subject to lower, standard tariff rates, potentially reducing import costs for businesses.
The change aims to strengthen economic ties and increase trade with Central Asia.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_2748
Sponsor: Sen. Murphy, Christopher [D-CT]
Process start date: 2023-09-07