Freshman Congressman’s First Bill Would Help President Set Tariffs

The Epoch Times Header

The reciprocal trade bill from Rep. Riley Moore (R-W.V.) follows an unsuccessful 2019 bill and has cosponsors including Rep. Marjorie Taylor Greene (R-Ga.).

WASHINGTON—Rep. Riley Moore (R-W.Va.) has introduced the U.S. Reciprocal Trade Act, the first piece of legislation from the Trump-aligned freshman.

The Jan. 24 bill aims to rebalance trade by letting the president scale American tariffs on foreign goods to foreign tariffs on similar goods.

It also helps the president hammer at nontariff barriers—for example, subsidies to specific sectors or companies—by considering them when designing reciprocal tariffs.

Congress would be able to check those presidential moves through a disapproval resolution. Presidential tariff rates would also sunset after a few years unless extended.

“It’s just like President Trump said: look, we are for free trade, but we are for fair trade,” Moore told The Epoch Times.

He described his bill as “a negotiating tool the president needs to have.”

Trump endorsed the former West Virginia state treasurer before Election Day, when Moore defeated Democrat Steven Wendelin. Shortly after winning, he promised to introduce a reciprocal tariff bill.

Moore told The Epoch Times he has not yet heard from congressional leadership about the measure, cosponsored by Rep. Marjorie Taylor Greene (R-Ga.), Rep. Barry Loudermilk (R-Ga.), and other Republicans from the party’s “America First” wing, including fellow freshmen Abe Hamadeh (R-Ariz.) and Nick Begich III (R-Alaska).

During Trump’s first term, former Republican congressman and “Real World” star Sean Duffy, now Trump’s secretary of transportation pick, sponsored a similar bill. Duffy’s bill failed to advance beyond a Ways and Means subcommittee on trade.

At the time, Senate Finance Committee Chair Chuck Grassley (R-Iowa) did not support the legislation, citing the authority it would have conferred on the president.

Moore does not know if his bill will be taken up by the same House subcommittee as Duffy’s. Yet, he believes 2025 holds more promise than 2019 for Trump-aligned protection.

“There are some differences in this bill, but the timing is what’s so important,” he said. “We have a president now coming into his second term who has run on tariffs.”

By Nathan Worcester

Read Full Article on TheEpochTimes.com

Opinion

Back Against the Wall, CIA Admits COVID Likely Emerged From Wuhan Lab

The rats are looking to exit the rotten ship that is the COVID scam, perpetrated under the trusting Trump admin and continued under the despotic Biden regime.

Fauci is NOT Pardoned for Crimes Against Humanity!

Joe Biden might issue a preemptive pardon to Dr. Anthony Fauci for the part he played in the COVID-19 pandemic. Are crimes against humanity pardonable?

TikTok Chaos: Congress Should Broaden the Law Against All CCP Propaganda

TikTok users do not seem to care much about TikTok being controlled by ByteDance, a company based in communist China.

New Study Shows Why ‘Taxing the Rich’ Isn’t So Straightforward

A common rallying cry on the left is that we should “tax the rich.” While popular, this slogan is far from a real solution for the United States of America.

Unpacking the Historical Roots of Bias at The New York Times

An Australian scholar who has been following the issue...

News

Trump’s Major Actions in His First Week Back in Office

Trump’s first week back in office has been full of EOs, firings, pardons, and other actions likely to spur political pushback and legal challenges from opposition.

Trump Says He ‘Immediately Halted’ Hiring of New IRS Agents

President Donald Trump on Saturday said he has halted any new hires of Internal Revenue Service (IRS) agents.

Federal Government Launches Immigration Enforcement Operations in Chicago

Several federal agencies have launched immigration enforcement operations in Chicago this week following Trump’s promised crackdown on illegal immigration.

Trump Orders 25 Percent Tariffs on Colombia After It Refuses Deportation Flights

Trump is imposing retaliatory measures against Colombia after it turned away two military flights deporting criminal illegal immigrants from the United States.

At Las Vegas Rally, Trump Repeats Call for No Tax on Tips

President Trump addressed a roaring crowd with a long list of his new administration’s accomplishments and priorities including calling for no tax on tips.

Johnson Invites Trump to Address Joint Session of Congress

Speaker Johnson extended an invitation to Trump to deliver a customary post-inauguration speech to lawmakers on Capitol Hill during a joint session of Congress.

Trump Calls for Jordan, Egypt to Take More Palestinian Refugees, ‘Clean Out’ Gaza

Trump wants Arab nations to accept more Palestinian refugees from the Gaza Strip, with the goal creating a virtual clean slate of the Palestinian territory.

CIA Says COVID-19 ‘More Likely’ Came From Chinese Lab

The CIA found a lab origin “more likely” for the COVID-19 pandemic, joining two other top U.S. agencies that have previously made the assessment.
spot_img

Related Articles

Popular Categories

spot_img