119th Congress Foreign Trade and International Finance
S. 691: Leveling the Playing Field 2.0 Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty laws. Antidumping laws provide relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty laws provide such relief from imports of products subsidized by a foreign government or public entity.
Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a timeline for the Department of Commerce to issue determinations in successive investigations.
Among other provisions, the bill authorizes Commerce to
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- apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a different country,
- use another method for calculating the cost of production in specific circumstances, and
- require importers to certify that the imported merchandise is not subject to an antidumping or countervailing duty order.
Additionally, the bill statutorily establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations.
The bill also provides statutory authority for Commerce to investigate currency undervaluation as a countervailable subsidy.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Tammy Baldwin D-WIOriginal
- Jim Banks R-INOriginal
- Tom Cotton R-AROriginal
- John Fetterman D-PAOriginal
- Lindsey Graham R-SCOriginal
- Kirsten Gillibrand D-NYOriginal
- Ruben Gallego D-AZOriginal
- Amy Klobuchar D-MNOriginal
- Bernie Moreno R-OHOriginal
- Tina Smith D-MNOriginal
- Eric Schmitt R-MOOriginal
- Tommy Tuberville R-ALOriginal
- Roger Wicker R-MSOriginal
- Elizabeth Warren D-MAOriginal
- Katie Britt R-AL
- Elissa Slotkin D-MI
- Shelley Capito R-WV
- Cindy Hyde-Smith R-MS
- Jeanne Shaheen D-NH
- Jim Justice R-WV
- Dave McCormick R-PA
- Marsha Blackburn R-TN
- Gary Peters D-MI
Who scored on this bill
- 1Todd Young SponsorDrew cross-party cosponsors, introduced2 events+6
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History
- Introduced in the Senate by Todd Young.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Finance.