The bill would end tariffs imposed under Executive Orders 14257 and 14326 on 40 named countries and jurisdictions, including Australia, India, Japan, South Korea, and Taiwan. The tariffs would end on the date the bill becomes law.
If enacted, the bill would remove these tariffs on goods from the listed countries and jurisdictions. The text does not describe how that change would affect specific prices or businesses.
The bill provides no cost estimates or funding. No publicly available information.
The bill states that working with Indo-Pacific partners is important to counter China’s economic and other actions. It says tariffs on those partners undermine that goal and impose costs on U.S. consumers and businesses.
No publicly available information.