DemocratBill · H.R. 4978· House(119-HR-4978)

Secure Trade Act

Rep. Golden
Age: 44 years
Maine
Introduced
8/15/2025
Last activity
8/15/2025 — Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by
Jared Golden
Cosponsors
Democrat - 0Republican - 1
Foreign Trade and International Finance
  1. Introduced
  2. In Committee

What this bill would do

The Secure Trade Act imposes a 10 percent ad valorem duty on all goods imported into the United States. It specifically targets trade with the People's Republic of China by revising duty rates and establishing minimum thresholds. For certain articles, duty rates may be increased to 100 percent ad valorem. The bill also establishes tariff-rate quotas for goods imported exclusively from China and grants the President authority to prohibit specific imports. Finally, it expands the definition of covered transactions for review by the Committee on Foreign Investment in the United States.

Yes· 3 of 8

  • Does this give the federal government more power?+6

    The bill grants the President broad authority to set duty rates, establish quotas, and prohibit specific imports.

  • Does this raise the taxes companies pay?+5

    The bill imposes a 10 percent ad valorem duty on all imported goods, which increases costs for companies relying on international supply chains.

  • Would union members be better off under this?+3

    Higher duties on imports may provide more protection for domestic labor and manufacturing jobs.

The opposite· 3 of 7

  • Does this make trade with other countries easier?-5

    The bill imposes significant new duties and potential import prohibitions on trade with the People's Republic of China.

  • Is this likely to slow the rise in prices?-3

    The imposition of new duties and annual inflation adjustments on imported goods may drive up consumer prices.

  • Would households on low incomes be better off under this?-3

    New import duties may lead to higher prices for essential consumer goods, disproportionately affecting low-income budgets.