The bill would create a tax on cargo discharged from an ocean-going vessel in Canada or Mexico and later brought into the United States by rail, highway, airport, or inland port. The cargo may be unchanged or modified, assembled, or consolidated in Canada or Mexico. The tax would be 0.125% of the cargo’s value under U.S. customs rules, paid by the importer when the cargo enters the United States. The tax would apply to cargo entering after December 31, 2025. The bill would also direct the Treasury Secretary to issue rules for collecting the tax and handling non-compliance.
Importers of cargo covered by the bill would pay the tax when the cargo enters the United States. The bill does not describe other effects on individuals or businesses.
The importer would pay a tax equal to 0.125% of the cargo’s customs value. No publicly available information gives an estimate of total costs.
No publicly available information.
No publicly available information.