H.R. 3363 — To amend the Internal Revenue Code of 1986 to impose a tax on United States-bound circumvented cargo through Canada or Mexico and entering the United States.

H.R. 3363 — To amend the Internal Revenue Code of 1986 to impose a tax on United States-bound circumvented cargo through Canada or Mexico and entering the United States. | JustPolicyThe main purpose of this legislation is to create a new tax on cargo that is brought into the United States after being routed through Canada or Mexico. This is aimed at addressing the issue of cargo that avoids direct entry into the U.S. in order to bypass certain regulations or tariffs. The key provisions of this law include the establishment of a tax set at 0.125 percent of the value of the cargo that is classified as "United States-bound circumvented cargo." This tax will be applied when the cargo enters the U.S., and the responsibility for paying the tax falls on the importer of the…