Inside Trade

July 23, 2024

House Homeland Security chair re-introduces bill to incentivize nearshoring

February 7, 2023 at 11:21 AM
Newly named House Homeland Security Committee Chair Mark Green (R-TN) last week re-introduced a bill that would direct revenue from tariffs on Chinese goods to incentivize companies to relocate manufacturing facilities from China to Latin America. Last April, Green introduced the “Western Hemisphere Nearshoring Act ” alongside then-Rep. Albio Sires (D-NJ), now retired, and Rep. Mariannette Miller-Meeks (R-IA). Several other House Republicans later backed it. Sires was the only Democratic co-sponsor of that version, though Green’s office last week called...

Not a subscriber? You can request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.