Trade Procedures Reform Act

[AI summary unavailable — showing source text] Trade Procedures Reform Act - Amends the Antidumping Act of 1921 to require the payment of an estimated special dumping duty on those foreign goods where it has been determined that such goods are likely to be sold in the United States at less than fair value. Requires the importer to furnish such information as the Secretary of the Treasury deems necessary for ascertaining any special dumping duty to be imposed. Provides for the refund of any excess estimated special dumping duty paid by the importer. Permits the Secretary to use data developed while investigating whether foreign goods are being sold at less than fair value in determining the special dumping duty. Directs the Secretary to notify the International Trade Commission and to determine whether to initiate an investigation whenever the Secretary receives information that foreign goods are being, or are likely to be, sold in the United States or elsewhere at less than fair value which may hurt U.S. industries. Directs (1) the Commission to determine whether U.S. industry may be harmed and (2) the Secretary to determine whether such goods are being, or are likely to be, sold at less than fair value. Requires the Secretary …