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Foreign Pollution Fee Act: New Tariffs on Imported Industrial Products.

This Act introduces a new customs fee on selected products imported into the US, such as steel, cement, and batteries, based on the intensity of greenhouse gas emissions during their foreign production. The goal is to protect US manufacturers who bear the costs of stricter environmental compliance and to encourage other nations to reduce global pollution. The fee does not apply to domestically produced goods.
Key points
New Import Fee: Importers must pay a fee for products from countries whose production process is more polluting than US standards (baseline pollution intensity).
Covered Sectors: The fee covers key industrial sectors, including aluminum, steel, cement, crude oil, plastics, and lithium-ion batteries.
Exemptions and Partnerships: Countries that enter into international partnership agreements with the US regarding pollution reduction may be exempt from or receive reduced fees.
Domestic Protection: The Act explicitly prohibits imposing similar fees or carbon taxes on products manufactured within the United States.
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Additional Information
Print number: 118_S_3198
Sponsor: Sen. Cassidy, Bill [R-LA]
Process start date: 2023-11-02