H.R. 1229 · 110th Congress
Nonmarket Economy Trade Remedy Act of 2007
- Stage
- In committee
- Sponsor
- Artur Davis
- Introduced
- 2007-02-28
- Latest action
- 2007-03-15 · Committee Hearings Held.
Summary
Nonmarket Economy Trade Remedy Act of 2007 - Amends the Tariff Act of 1930 to apply countervailing duties to nonmarket economies.
Authorizes the use of alternative methodologies in determining whether a subsidy is countervailable with respect to the People's Republic of China (PRC).
Requires congressional approval for revocation of nonmarket economy country determinations made by the administering authority.
Requires a United States International Trade Commission study of how the PRC uses government intervention to promote investment, employment, and exports.