HR 3801 · 98th Congress · Foreign Trade and International Finance
Unfair Trade Practices Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Trade.(1983-08-10)
Plain Language Summary
[AI summary unavailable — showing source text]
Unfair Trade Practices Act of 1983 - Amends the Tariff Act of 1930 to amend the definition of "subsidy" for purposes of determining countervailing duties to include the requirement or inducement to provide at preferential rates any materials used in the manufacture of merchandise imported into the United States when it is determined that the total cost of production of such merchandise, exclusive of the fair value of materials supplied at preferential rates, is equal to or less than three times the fair value of such excluded materials. Sets forth the method of calculating, for purposes of antidumping duties, the foreign market value of foreign merchandise which is composed of materials that are available to the manufacturer of the merchandise at below cost prices and which is being or is likely to be sold in the United States. Sets forth another method for determining the foreign market value of such merchandise if it is exported from a State-controlled economy country. Requires the administering authority, if such foreign merchandise is from a country which has a State-controlled economy and is not a member of the General Agreement on Tariffs and Trade, to: (1) simultaneously dec…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Democrats