“A bill to establish a task force to identify potential countervailable subsidies, dumping, and circumvention with respect to trade.”
No CRS summary available for this bill.
This section establishes a task force within the administering authority (i.e., the Department of Commerce's International Trade Administration) to conduct research identifying potential countervailable subsidies (i.e., foreign government financial contributions causing adverse effects to U.S. industries), dumping (i.e., sales in the United States at less than fair value), and circumvention of existing antidumping and countervailing duty orders that may cause or threaten material injury to a U.S. industry, and to recommend initiation of countervailing duty investigations under 19 U.S.C. 1671a(a), antidumping investigations under 19 U.S.C. 1673a(a), or circumvention inquiries under 19 U.S.C. 1677j. The task force must (1) monitor trade flows, data, prices, and market conditions; (2) research foreign production, pricing, and subsidies; (3) consult with the U.S. International Trade Commission, U.S. Customs and Border Protection, and other agencies; and (4) prioritize cases affecting small and medium-sized U.S. businesses. The task force must also consult U.S. industries and maintain nondisclosure of its activities until an investigation or inquiry is initiated. Terms such as administering authority, countervailable subsidy, dumping, industry, and material injury have the meanings given in 19 U.S.C. 1677.