WASHINGTON – On Wednesday, the Ways and Means Trade Subcommittee examined the Generalized System of Preferences (GSP) trade program and what possible reforms could help align the program better with America’s strategic trade goals. Witnesses emphasized the importance of the United States using trade policy to benefit American workers, farmers, and ...
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"Thank you Ranking Member Blumenauer, Subcommittee Members, and our witnesses for being here today. Today’s hearing is an important step as Congress considers the renewal of the Generalized System of Preferences Program, or GSP.
"When Congress created the GSP program in 1974, it recognized then, ...
WASHINGTON, D.C. – House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the U.S. Trade Representative, Ambassador Katherine Tai, announced a formal request to establish a United States- Mexico-Canada Agreement (USMCA) dispute settlement panel to ...
House Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after President Biden signed H.R. 4004, the United States – Taiwan Initiative on 21st Century Trade Agreement Implementation Act, into law.
"Congress’s constitutional authority over trade is ...
WASHINGTON, D.C. – Bipartisan Ways and Means Committee legislation, the United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act, is headed to President Biden’s desk, after Speaker Kevin McCarthy (CA-20) signed the legislation. The bill confirms Congress’ support for the initial trade ...
SEOUL, KOREA – House Committee on Ways and Means Chairman Jason Smith (MO-08) led a bipartisan delegation of House members to Seoul, Korea where they participated in bilateral meetings held by South Korean President Yoon Suk Yeol and other prominent Korean government officials focused on U.S.-Korea economic relations.
WASHINGTON, D.C. – Legislation that originated in the Ways and Means Committee reasserting Congress’ authority and responsibility over international trade is headed to President Biden’s desk after passing with overwhelming bipartisan support in the House of Representatives and the Senate. ...
KIMBALL, MN – In a cattle auction barn on a family farm in Kimball, Minnesota, farmers shared their frustration that the Biden Administration is not doing enough to open new export markets for American agriculture, while sharing stories of how they suffer when America’s trading partners do not honor their trade commitments. Because farmers are directly impacted by unfair ...
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"The Ways and Means Committee is in Kimball, Minnesota for our fifth hearing in local communities to hear directly from America’s farmers, ranchers, and mining communities about how America’s trade policies affect their daily lives and what Congress can do to make trade work better for their families.
"America is only six percent of the world’s ...
WASHINGTON, D.C. – The U.S. House of Representatives approved legislation today to reassert Congress’ sole authority over international trade while showcasing significant support for the U.S.-Taiwan relationship. The United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (H.R. 4004), bipartisan legislation ...
