No Trade with Terrorists Act
This bill, titled the No Trade with Terrorists Act, would reimpose Jackson-Vanik restrictions on the Russian Federation. Jackson-Vanik is a Cold War–era trade policy that conditions a country’s eligibility for certain U.S. trade benefits on its freedom of emigration and related human-rights considerations. In practical terms, reimposing these restrictions would likely limit Russia’s access to certain U.S. trade privileges that are available to countries with “normal” trade relations. The bill also directs the repeal of Sections 102, 201, 202, 203, and 204 of Public Law 112-208, meaning it would undo specific provisions in that later law; the exact impact would depend on what those sections currently do, but the intent appears to be to remove those provisions in order to restore or strengthen Jackson-Vanik–style limits on Russia. The bill has been introduced in the House (sponsored by Mr. Wilson of South Carolina) and referred to the Ways and Means Committee. As introduced, it would need to pass both chambers and be signed into law to take effect; there is no accompanying budget or regulatory guidance provided in the text.
Key Points
- 1Reimposes Jackson-Vanik restrictions on Russia, meaning trade benefits tied to freedom of emigration and related criteria could be conditioned or restricted for the Russian Federation.
- 2The name of the bill is the No Trade with Terrorists Act, signaling a trade-focused approach tied to security and human-rights considerations.
- 3Section 2 would repeal Sections 102, 201, 202, 203, and 204 of Public Law 112-208; the intended policy effect is to roll back or remove provisions in that law that currently interact with or modify U.S. trade/sanctions policy toward Russia.
- 4The bill is introduced in the House and referred to the Ways and Means Committee; no Senate counterpart or floor action is indicated in the text provided.
- 5The exact implementing details (how the restrictions would operate day-to-day, exemptions, or enforcement mechanisms) are not included in the brief text.