The U.S. House of Representatives released the America COMPETES Act which includes 899 pages of trade measures, including a bar on de minimis shipments from China, out of the 3,000 page bill. EMTC intends to draft comments on the bill.
Please note that although the bill number assigned to the America COMPETES Act is H.R. 4521, we expect this bill text to be replaced with the America COMPETES Act. You can download the Executive Summary of the bill.
The America COMPETES Act is intended to be the House's counterpoint to the Senate's U.S Innovation and Competition Act (S. 1260) which passed in June 2021. We expect the House will try to move swiftly on this legislation.