Legislative Update: Trade Remedies, GSP, Import Fees
Trade Remedies. The Self-Initiation Trade Enforcement Act (S. 564, introduced Feb. 26 by Sens. Peters, D-Mich., and Burr, R-N.C.) would establish a task force to within the Department of Commerce that is solely focused on studying trade data and listing potential disturbing trade patterns for formal investigation, with an emphasis on cases impacting small and medium-sized businesses. Peters explained that currently many agricultural producers, manufacturers, and parts suppliers lack the resources needed to identify unfair trade practices by foreign competitors such as dumping and subsidies and bring them to the attention of the DOC. Peters added that while the DOC has the right to self-initiate antidumping and countervailing duty investigations, this power is rarely exercised.
GSP. The Cambodia Trade Act (H.R. 1376, introduced Feb. 26 by Reps. Lowenthal, D-Calif., and Chabot, R-Ohio) would require the Trump administration to review Cambodia’s participation in the Generalized System of Preferences and use that review to decide whether Cambodia’s eligibility for GSP should be withdrawn, suspended, or limited. Companion legislation (S. 34) was introduced in the Senate in January. According to a press release from Lowenthal’s office, Cambodia became eligible for GSP in 1997 and currently exports more than $180 million in goods to the U.S. duty-free under the program each year.
E-Cigarette Imports. The E-Cigarette Youth Protection Act (S. 616, introduced Feb. 28 by Sen. Shaheen, D-N.H.), would impose user fees on importers and manufacturers of of electronic nicotine delivery systems.
For more information on trade legislation, please contact Nicole Bivens Collinson at (202) 730-4956.