To repeal section 801 of the Revenue Act of 1916.

Amends the Revenue Act of 1916 to repeal a specified antidumping provision that makes it a misdemeanor crime to import goods at less than their market value or wholesale price in the country of origin, with the intent of: (1) harming a U.S. industry; (2) preventing the establishment of an industry in the United States; or (3) restraining or monopolizing any part of trade and commerce in such articles in the United States.