China and other countries would have to pay a pollution fee on certain products imported into the US under draft legislation Senate Republicans expect to unveil Wednesday.
The proposal would levy a fee on imports with greenhouse gas emissions, including aluminum, fertilizer, cement, iron, and steel, in an effort to level the playing field for US manufacturers, according to a discussion draft obtained exclusively by Bloomberg Government.
Republican Sens. Bill Cassidy (La.) and Lindsey Graham (S.C.) are seeking feedback on the framework over the next several weeks, with the intention of introducing legislation next year.
A requirement that exporting countries ...