Bill > HR6914

This bill, the Trusted Importer and Competitive Manufacturing Act of 2025, establishes a program to certify importers as "Trusted Importers" based on their compliance with trade laws, supply chain security, financial stability, and promotion of U.S. manufacturing competitiveness. Once certified, these Trusted Importers will receive a "general import license," which allows them to pay reduced or waived tariffs and duties on certain imported goods. This license is valid for 10 years and can be renewed. The President, in consultation with the Secretary of Commerce and the United States Trade Representative, will determine which articles qualify for tariff reductions or waivers, considering factors like U.S. manufacturer competitiveness, domestic supply chain protection, and new market access for U.S. goods. However, certain tariffs, such as those imposed under countervailing duty or antidumping laws, or those in place before January 1, 2025, are excluded from reduction or waiver. The program includes provisions for license revocation if a Trusted Importer fails to maintain compliance, provides false information, or engages in activities that undermine the program's integrity, including smuggling or fraud. Additionally, foreign entities deemed a "Prohibited Foreign Entity" or involved in activities detrimental to U.S. national security are ineligible for certification. The Secretary of Commerce is tasked with issuing necessary regulations and reporting to Congress on the program's implementation, including the number of licenses issued, the value of goods imported under the program, and its impact on U.S. manufacturing.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/6914/all-info