To impose additional duties on imports of goods into the United States.

HR 9827 would require the President to impose a 10% duty on the value of all imported goods starting after the bill becomes law. This duty would increase by 5% annually if the U.S. has a trade deficit in the previous year, or decrease by 5% if there’s a surplus (but never drop below zero). The duty applies in addition to any existing import taxes. It directly affects businesses importing goods into the U.S. and their foreign suppliers by changing their import costs.