H.R.10929

Imposes a 50% tariff on hemp products from China and mandates testing for imported cannabinoid products.

Imposes a 50% tariff on hemp products from China and mandates testing for imported cannabinoid products. The President must modify the Harmonized Tariff Schedule to create distinct categories for cannabinoid isolates, distillates, naturally derived cannabinoids, and synthetic cannabinoids. The Commissioner of U.S. Customs and Border Protection, in coordination with the Commissioner of Food and Drugs, must implement mandatory testing for imported cannabinoid products intended for human consumption. The bill also requires annual reports on import data and testing results.