S 219 · 100th Congress · Foreign Trade and International Finance
Trade Procedures Reform Act of 1987
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(1987-01-06)
Plain Language Summary
[AI summary unavailable — showing source text]
Trade Procedures Reform Act of 1987 - Title I: Relief from Injury Caused by Import Competition - Amends the Trade Act of 1974 to require the International Trade Commission (ITC) to consider the inability of a significant number of firms to operate domestic production facilities at a profit in determining whether imports are causing serious injury to a domestic industry. Adds to the factors that the ITC must consider in determining whether imports pose a threat of serious injury to a domestic industry: (1) any export targeting by a foreign government; (2) the existence of affirmative antidumping or countervailing duty determinations related to merchandise produced by the domestic industry concerned; (3) the inability of the domestic industry concerned to maintain existing levels of research and development; and (4) the extent to which the U.S. market is the focal point for diversion of exports of the article that is the subject of the investigation because of the market access barriers of another country. Declares that imports of like or directly competitive articles by domestic producers shall not be considered a factor indicating the absence of serious injury, or of the threat of …
Summarized by Claude AI · Non-partisan · For informational purposes only