To require additional tariffs be imposed on products of any nonmarket economy country until the President certifies to the Congress that the country is a market economy country, and to direct the Secretary of the Treasury to deposit the amounts generated from those tariffs into the Social Security trust funds.

1/18/2007--Introduced.
Requires additional tariffs to be imposed on products of any nonmarket economy country (Albania, Armenia, Azerbaijan, Belarus, Cambodia, Georgia, Kyrgyzstan, Laos, Moldova, the People's Republic of China, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, Vietnam and, to the extent that any of their products enter U.S. customs territory, Cuba and North Korea), as well as any other country determined to be a nonmarket economy country until the President certifies to Congress that such country is a market economy country (operating on market principles of cost and pricing structures so that sales of merchandise in such country reflect their fair value). Directs the Secretary of the Treasury to deposit the amounts generated from such additional tariffs into the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund created by the Social Security Act. States that, for purposes of this Act, the People's Republic of China shall not be construed to include Taiwan or any island over which Taiwan exercises jurisdiction.

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Sponsor

• Rep. Thomas Tancredo [R, CO-6]

Committees

• House Ways and Means
• 1 more
  • House Ways and Means
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Amendments

This bill has no amendments.

Amendments to H.R.571

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
January 18, 2007

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All Bill Actions

• Jan 24, 2007: Referred to the Subcommittee on Trade.
• Jan 18, 2007: Referred to the House Committee on Ways and Means.
• Introduced on Jan 18, 2007.

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Related Issue Areas:

• Trade
• Albania
• Armenia
• Azerbaijan
• 37 more
• Belarus
• Budgets
• Business
• Cambodia
• Caribbean area
• Central Asia
• China
• Congress
• Congress and foreign policy
• Congressional oversight
• Congressional reporting requirements
• Cuba
• East Asia
• Economic policy
• Europe
• Foreign policy
• Free enterprise
• Georgia (Republic)
• Government trust funds
• Imports
• Kyrgyzstan
• Laos
• Latin America
• Moldova
• North Korea
• Old age, survivors and disability insurance
• President and foreign policy
• Presidents
• Social security
• Social security finance
• Taiwan
• Tajikistan
• Tariff
• Turkmenistan
• Ukraine
• Uzbekistan
• Vietnam

Data from the Congressional Research Service

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In the News

February 13, 2007 Nonmarket Economy Tariffs

According to HR 571, goods from these countries would be slapped with a 5% ad valorem tax during the law’s first year, and that tax would increase 1% every ...

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Blog Coverage

November 11, 2008 US approach towards Europes last dictatorship | State and Federal ...

The last proposal truly worth viewing is H.R.571 – a broad, sweeping plan to increase tariffs on products of any US-recognized non-market economy – ranging from Laos to North Korea to Belarus – a proposal that will most likely see more ...

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Source: State and Federal Legislation News | StateSurge...

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June 04, 2008 Suitably Flip: Life Is a Series of Hellos and Goodbyes. I'm Afraid...

Writhe and croon as she may on her way out, I shed no tears seeing this violence-prone, race-baiting, anti-Israel, Giuliani-undermining, H.R. 571-supporting, aide-maligning, scientology-cozying 9/11 conspiracy-monger sent packing. ...

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January 24, 2008 Trade Remedy Legislation: Applying Countervailing Action to ...

This legislation includes S. 364 (Rockefeller); H.R. 571 (Tancredo), H.R. 708 (English); H.R. 782 (Ryan/Hunter) H.R. 2942 (Ryan/Hunter) and related bill S. 796 (Bunning/Stabenow); H.R. 1229 (Davis/English) and related bills S. 974 ...

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