Economy
February 9, 2016
Senate to Vote on Customs Bill Thursday
Written by Brett Linton
The long awaited customs bill is headed to the Senate for approval on Thursday, Feb. 11. If Senate approves the conference report of the Trade Facilitation and Trade Enforcement Act (H.R. 644) it will move on to the White House for the President’s signature.
The bill is designed, among other things, to streamline the flow of legitimate trade and to enforce U.S. trade agreements, U.S. intellectual property rights and antidumping and countervailing duty laws, as well as combating currency manipulation. The Act will help prevent competitors from gaining an unfair advantage in the U.S. market.
