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AISI Applauds Passage of Amendment to Ensure Sufficient Funding to Combat Unfair Trade Practices

Steel News - Published on Fri, 31 Jul 2020

Image Source: Unfair Trade Practices
The American Iron and Steel Institute applauded passage of a measure that would set sufficient funding levels for trade enforcement activities conducted by the International Trade Administration Office of Enforcement and Compliance to ensure adequate resources to combat unfair trade practices.

The US House of Representatives today passed an amendment, introduced by the leaders of the Congressional Steel Caucus, Representatives Mike Bost (R-IL), Conor Lamb (D-PA) and Rick Crawford (R-AR), and others, to the FY2021 Commerce, Justice, Science, and Related Agencies appropriations bill (CJS), which would set minimum funding levels for trade enforcement activities at the E&C office. The office is part of the Department of Commerce and conducts antidumping (AD) and countervailing duty (CVD) investigations to determine if imports are being dumped or subsidized. It also enforces trade laws against foreign importers seeking to circumvent trade remedy orders. AISI had strongly advocated for passage of the amendment, including writing a letter earlier today to congressmen with steel facilities in their states or districts.

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Posted By : Yogender Pancholi on Fri, 31 Jul 2020
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