Trade
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).
Recent Activity
WASHINGTON, DC – Following this afternoon’s classified congressional briefing, Ways & Means Committee Chairman Richard Neal (D-MA) sent a letter to Treasury Secretary Steven Mnuchin requesting a delay in the lifting of sanctions on businesses tied to Russian oligarch Oleg Deripaska.
Washington—The chairs of seven committees in the House of Representatives today are calling on the Trump Administration to explain the easing of sanctions on businesses tied to Russian oligarch Oleg Deripaska.
WASHINGTON, DC – Today, Ways & Means Chairman Richard Neal (D-MA) released the following statement after U.S. Trade Representative (USTR) Ambassador Robert Lighthizer announced the delivery of a request to the government of Peru for consultations under the Environment Chapter of the U.S.-Peru Trade Promotion Agreement (Peru Trade Agreement):