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Trade

Chairman Smith Opening Statement – Field Hearing on Trade in America: Agriculture and Critical Supply Chains – Kimball, MN

July 10, 2023 — Field Hearing

As prepared for delivery. "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 ...

House Approves Bill to Reassert Congress’ Constitutional Authority Over Trade, Strengthen U.S.-Taiwan Relationship

June 21, 2023 — Legislation

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 ...

Chairman Smith Floor Remarks – Opening Statement on Taiwan Trade Legislation

June 21, 2023 — Floor Statements

As prepared for delivery. "Congress is sending a bipartisan message to President Biden today that we will not sit idly by as the administration ignores our Constitutional role in developing U.S. trade policy. "The relationship between the United States and Taiwan is vital to U.S. interests in the Indo-Pacific. This initial ...

Ways and Means Passes Bipartisan Legislation Affirming Support for U.S.-Taiwan Trade Relationship & Reasserting Congress’ Constitutional Role in Trade

June 13, 2023 — Press Releases

WASHINGTON, D.C. – The House Committee on Ways and Means approved legislation today by a vote of 42-0 that formerly implements and confirms Congress’ support of a trade agreement – the “Initial Agreement” – negotiated by the Biden Administration and Taiwan. The United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act (H.R. 4004) also ...

Chairman Smith Committee Remarks: Taiwan Trade Legislation

June 13, 2023 — Press Releases

As prepared for delivery. "The people of the United States and the people of Taiwan share an invaluable economic partnership; we share democratic values; and we have strong individual ties between our two nations.   "That is why the Biden Administration’s decision to pursue an agreement to strengthen our trade relationship with Taiwan was appropriate, and I am pleased ...

Smith, Crapo, Neal, and Wyden Announce Bipartisan, Bicameral Legislation to Approve First Taiwan Trade Initiative Agreement

June 09, 2023 — Blog

Washington, D.C. -- U.S. House Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard Neal (MA-01), along with U.S. Senate Finance Committee Ranking Member Mike Crapo (R-ID) and Chairman Ron Wyden (D-OR), announced legislation to approve the first trade agreement signed under the U.S.-Taiwan Initiative on 21st-Century Trade, and set robust transparency and ...

Five Moments from Trade Subcommittee Hearing on Modernizing America’s Customs Policies to Protect American Workers and Secure Supply Chains

May 28, 2023 — Press Releases

WASHINGTON, D.C. – At a Ways and Means Trade Subcommittee hearing on how the United States should modernize our customs policies, witnesses testified that our customs law should hold China accountable for unfair trade practices, root out forced labor in our supply chain, and equip Customs and Border Protection to combat illicit goods shipped through American ports while ...

At A New York City Port, Ways and Means Committee Hears How Improved Trade Enforcement is Needed to Counter China’s Unfair Trade Practices and Allow American Workers to Compete and Win

May 13, 2023 — Blog

NEW YORK CITY, N.Y. – Outside at the Staten Island port, the Ways and Means Committee held a field hearing with Americans on the front line of America’s trade relationships. The conversation highlighted how China’s unfair trade practices are hurting American workers, job creators, and farmers, and how America must use trade enforcement tools to ensure farmers maintain fair ...

Smith, Crapo, Neal, and Wyden Announce Bipartisan, Bicameral Effort to Extend Tax Preferences to Taiwan

May 10, 2023 — Press Releases

House Ways & Means Committee Chairman Jason Smith (R-MO),  Senate Finance Committee Ranking Member Mike Crapo (R-ID), House Ways and Means Ranking Member Richard E. Neal (D-MA), and Senate Finance Committee Chairman Ron Wyden (D-OR) released the following statement on a bipartisan, bicameral effort to alleviate double taxation between the United States and Taiwan: “Addressing ...