Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 1047) to amend the Harmonized Tariff Schedule of the United States to modify temporarily certain rates of duty, to make other technical amendments to the trade laws, and for…
Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 1047) to amend the Harmonized Tariff Schedule of the United States to modify temporarily certain rates of duty, to make other technical amendments to the trade laws, and for other purposes.
Mr. Speaker, I yield myself such time as I may consume.
I rise to support H.R. 1047, the Miscellaneous Trade and Technical Corrections Act, which is a compendium of trade provisions drawn largely from legislation introduced by individual Members. This bill has more than 350 such provisions and enjoys broad bipartisan support. The bill contains provisions involving the temporary suspension of duties on narrowly defined products, miscellaneous trade-related items, and technical corrections to the Trade and Development Act of 2000. The House passed substantially the same bill, but unfortunately no other action was taken. In essence, we have taken last year's bill, made technical changes, and added or dropped a few of the duty suspension provisions, all of which are known by the sponsoring Members and their staffs.
The most significant change has been removing the provision related to ``Turkey Qualified Industrial Zones.'' I recall this provision received favorable comments from both sides of the aisle when the bill came to the floor last year. There is still strong support from Members for the provision. We are dropping the provision for the time being, but can consider it or a variant of the provision at some future time if appropriate.
There are several miscellaneous trade provisions in this bill that are noteworthy. The bill would make technical and clarifying corrections to provide benefits for Caribbean and sub-Saharan African countries. The preferential trade benefits for these countries would support U.S. trade policy to improve trade networks and opportunities for American firms while helping key American allies in the fight against terrorism and illegal drug traffic.
Finally, the bill would provide national trade-relation status to Serbia
and Montenegro, which was revoked in 1992. The provisions included in this bill are noncontroversial, but that does not mean they are unimportant. Most of the products in the duty suspension provisions are those that American firms use as supplies or components of the products they manufacture. The purpose of this bill is to eliminate the burden that American firms have when buying these products so they can in turn lower their cost of production and thereby the cost to the consumer. In many instances these provisions will give our companies and their employees a fighting chance to compete.
This bill traditionally follows the same rules every Congress. The provisions have been thoroughly vetted and have no opposition. Both the Department of Commerce and International Trade Commission investigated the bills and contacted domestic industries. With the exception of a few of the miscellaneous provisions that have wide applicability, each provision has a de minimis cost under $500,000. Lastly, the administration confirms that all of the bills can be administered.
I strongly urge my colleagues to support this bill and to provide this assistance to American companies.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, will the gentleman yield?
Mr. Speaker, I commend the gentleman for making the request, and I can assure him that we will study and consider the faction policy related to the gentlewoman's request and that in conference we have an opportunity potentially to go down that path.
Mr. Speaker, I yield 3 minutes to the distinguished gentleman from Texas (Mr. Brady).
Mr. Speaker, I yield 3 minutes to the distinguished gentleman from Michigan (Mr. Camp).
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, I just want to wrap up with a couple of comments about the comfort of advancing a trade piece of legislation like this in the Congress of the United States, where we enjoy good bipartisan support.
I want to commend my colleagues on the other side of the aisle who were the ones that were touting to Republicans the importance of free trade. It took almost a century for our party to yield to the very persuasive arguments advanced by free traders on the Democratic side, and after World War II we basically became free traders, too.
I know we have divisions in our ranks on both sides of the aisle; but I know, too, that trade is one of the most important issues facing not only this country but the entire world. I have made the comment in the past, and it bears repeating, that trade has done more to advance civilized values worldwide than anything else in the span of recorded history; so I commend my colleagues on a bipartisan basis.
Mr. Speaker, I ask for an ``aye'' vote on this very important piece of legislation.
Mr. Speaker, on that I demand the yeas and nays.