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Items Tagged with 'America COMPETES Act'

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Capitolbuilding

House approves bill to boost US competitiveness with China

The House of Representatives Friday narrowly approved the America COMPETES Act, pushing the legislation that is supposed to make the U.S. more competitive with China closer to enactment. While similar to the Senate version passed last summer, the House bill – passed with a 222-210 vote – includes significant differences such as the inclusion of the Ocean Shipping Reform Act as well as reauthorizes and alters the Trade Adjustment Assistance and Generalized System of Preferences programs.
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