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Trade Cheating Restitution: New Interest Payments for Businesses

This act changes rules for distributing interest on antidumping and countervailing duties. It allows businesses previously harmed by unfair trade practices to claim additional interest payments for a longer period, going back to 2000. The goal is to provide further compensation to affected companies.
Key points
Extends the period for which businesses can claim interest on antidumping and countervailing duties, pushing the start date back to October 1, 2000.
Enables companies that previously received compensation for unfair trade to apply for additional interest payments.
Establishes a special process and deadlines for the U.S. Customs and Border Protection to distribute these additional interest amounts.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_3543
Sponsor: Sen. Thune, John [R-SD]
Process start date: 2025-12-17
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Trade Cheating Restitution Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3543.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-12-17.

What are the main provisions?

Key points include:

  • Extends the period for which businesses can claim interest on antidumping and countervailing duties, pushing the start date back to October 1, 2000.
  • Enables companies that previously received compensation for unfair trade to apply for additional interest payments.
  • Establishes a special process and deadlines for the U.S. Customs and Border Protection to distribute these additional interest amounts.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Thune, John [R-SD].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

CATEGORIES

Economy