Covered cannabinoid imports from China would face added 50% tax

The President would impose an added import tax equal to 50% of the value used by customs. It would cover certain products containing cannabinoids and listed cannabinoid forms, including synthetic ones, that originate in China and enter the United States. Customs officials would require information or proof from importers of hemp or related products when needed to prevent avoidance through rerouting or minor processing in other countries. The tax would apply to goods entered or taken from a warehouse for U.S. use on or after the date 90 days after enactment.

Customs officials, working with federal food regulators, would require testing, and federal agencies would publish yearly import and testing totals. Testing would cover imported goods meant for people to consume if they fall under the three listed import codes or the cannabinoid categories called for in section 3. Tests would check for metals, mold, pesticides, germs, leftover solvents, and unwanted chemical byproducts. The yearly reports would include information about import lots refused after testing. Agencies would publish the import and testing information each year.

The President, working through the U.S. International Trade Commission, would add separate import categories for certain cannabinoid forms. The categories would distinguish pure powders, concentrated oils, naturally derived compounds, synthetic compounds, and chemically altered compounds.