What Will the Trade Enforcement Measures Do?

The TAA legislation passed by the Senate and House last week contained a measure short-titled “American Trade Enforcement Effectiveness Act.” The act provides for improvements to antidumping and countervailing duty laws, including how material injury is defined. The Act is comprised of amendments are made to the Tariff Act of 1930 (19 USC 1677). SMU will attempt to highlight some of the changes that were made by the Senate.

In the Senate Congressional Record for June 15, 2015 (appended here), determination of material injury is amended in to read as “actual and potential decline in output, sales, market share, gross profits, net profits, ability to service debt, productivity; return on investment, return on assets, and utilization of capacity.”