U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...
This year alone, U.S. Customs and Border Protection (CBP) has encountered an estimated 40,000 Chinese nationals along the U.S. northern and southern border. The Biden Administration has left the border wide open, allowing potential spies from the Chinese Communist...
Gotion, Inc., a Chinese company and U.S. subsidiary of Guoxuan High-Tech, announced a lithium battery plant in Illinois that is expected to open next year. This CCP-tied battery company is expected to benefit from green-energy tax breaks under the Democrats’ Inflation...
U.S. Senator Marco Rubio (R-FL) joined National Public Radio’s All Things Considered to discuss his plan to expand the child tax credit for working families. See below for the full transcript and listen to the edited interview here. On the connection between the child...
U.S. Senator Marco Rubio (R-FL) joined Wake Up America to discuss the U.S. House of Representatives’ impeachment inquiry and the hypocritical reaction by Democrats. See below for highlights and watch the full interview on YouTube and Rumble. On the U.S. House of...
Washington, D.C. – U.S. Senators Marco Rubio (R-FL) and Bill Nelson (D-FL) today introduced the Caribbean Basin Economy Recovery Act, legislation that would strengthen U.S. interests and economic ties with Caribbean nations such as Haiti, Jamaica, Barbados, Belize, Curacao, Trinidad and Tobago, Guyana and St. Lucia.
“Extending these targeted trade preferences helps boost key American exports and solidifies fragile economies, like Haiti’s, in a crucial region for U.S. security,” said Rubio. “This bill will help reaffirm the U.S. commitment to developing deeper economic relationships with our regional allies, and supporting stable and democratic political institutions in the Caribbean.”
“These trade programs are a lifeline for some of our closest allies, which also happen to be some of the poorest countries in the Caribbean.” said Nelson. “Extending this trade program not only helps provide stability in the region, it also helps the Florida businesses that rely on international trade.”
The bill extends the Caribbean Basin Trade Partnership Act (CBTPA), which was established in 2000 to allow certain Caribbean countries to export goods made with U.S. yarns, fabrics and threads into the U.S. duty-free.
Under current law, CBPTA’s preferential trade treatment for these Caribbean countries is set to expire on Sept. 30, 2020. This legislation would extend the program through Sept. 30, 2030.
To be eligible for preferential trade treatment under CBTPA, participant countries are required to uphold strict labor standards and help further other various U.S. interests in the region, including countering narcotics trafficking and ending government corruption.
U.S. Representatives Carlos Curbelo (R-FL) and Terri Sewell (D-AL) introduced the companion bill in the House.