This bill asks a government agency to study how proposed import duties from Mexico and Canada affect prices and businesses. Understanding these impacts helps Congress make informed decisions about trade policies.
1. This bill requires an investigation into the effects of proposed duties on imports from Mexico and Canada. 2. The United States International Trade Commission must assess how these duties affect consumer prices. 3. The report will look at the impact on small businesses, farmers, and ranchers due to potential retaliation from Mexico and Canada. 4. It will also evaluate how uncertainty about duties affects business investment and job creation. 5. The Commission must submit its findings to Congress within one year.
Small business owners, farmers, ranchers, and consumers who buy imported goods.