Rep. Craig Goldman (R-TX) introduced legislation Thursday directing the United States Trade Representative (USTR) to investigate European Union sustainability regulations that the bill says reach beyond Europe and impose obligations on American companies, with possible remedies including tariffs, the suspension of trade-agreement benefits, or other actions under Section 301 of the Trade Act of 1974.
The Stop EU Overreach Act covers the European Union’s Corporate Sustainability Due Diligence Directive, Corporate Sustainability Reporting Directive, Deforestation Regulation, and Carbon Border Adjustment Mechanism, as well as successor measures…
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