The Subcommittee on Trade is responsible for matters related to international trade, including customs, tariffs, the negotiation and implementation of reciprocal trade agreements, and international trade rules and organizations. Its jurisdiction covers import trade matters, including unfair import practices and antidumping and countervailing duty provisions of U.S. trade remedies laws, import policy which relates to dependence on foreign sources of supply, and adjustment assistance and programs to encourage competitive responses to imports. The Trade Subcommittee also addresses special trade-related problems involving market access, competitive conditions of specific industries, export policy and promotion, access to materials in short supply, bilateral trade relations including trade with developing countries, and trade with non-market economies. The Subcommittee oversees the budget authorizations for the customs revenue functions of the Department of Homeland Security, the U.S. International Trade Commission (ITC), and the U.S. Trade Representative (USTR).
WASHINGTON, DC – Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) released the following statement after President Trump signed a “Phase One” trade deal between the United States and China:
(As prepared for delivery)
The subject of today’s hearing with Japan’s partial agreement with United States has significant consequences for one of our largest trading partners, a strategic ally, and a country with whom we have had a complicated relationship as a relates to trade.
House Ways and Means Trade Subcommittee Chairman Earl Blumenauer (D-OR) announced today that the Subcommittee is holding a hearing titled “U.S.-Japan Trade Agreements.” This hearing will focus on two agreements the United States and Japan signed in October 2019 and prospects for a second phase of negotiations for a bilateral agreement to cover trade in a comprehensive manner. The hearing will
WASHINGTON, DC – This afternoon, the Congressional Delegation led by Ways and Means Committee Chairman Richard E. Neal (D-MA) concluded its trip to Canada. The members of the delegation had productive meetings in Ottawa on how a new agreement can effectively improve the North American Free Trade Agreement (NAFTA).