HR 1229 · 110th Congress · Foreign Trade and International Finance
Nonmarket Economy Trade Remedy Act of 2007
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Committee Hearings Held.(2007-03-15)
Plain Language Summary
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Nonmarket Economy Trade Remedy Act of 2007 - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economies. Authorizes the use of alternative methodologies in determining whether a subsidy is countervailable with respect to the People's Republic of China (PRC). Requires congressional approval for revocation of nonmarket economy country determinations made by the administering authority. Requires a United States International Trade Commission study of how the PRC uses government intervention to promote investment, employment, and exports.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
12 Democrats8 Republicans