Protecting American Jobs: New Trade Rules and Anti-Dumping Duties
This act amends anti-dumping and countervailing duty laws to better protect American businesses and jobs from unfair foreign trade practices. It includes new ways to address cross-border subsidies, currency undervaluation, and duty evasion, which could impact the prices of imported goods.
Key points
Streamlining and accelerating investigations into unfair trade practices like dumping and subsidies.
New tools to counter subsidies provided by foreign governments, even if not the country of origin.
Ability to address currency undervaluation by other countries as a form of subsidy.
Strengthening rules to prevent evasion of anti-dumping and countervailing duties, including requiring importer certifications.
Asset requirements for non-resident importers in the U.S. to ensure collection of applicable duties.
Expired
Citizen Poll