Eliminating Global Market Distortions To Protect American Jobs Act of 2021
Latest action · Apr 15, 2021 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 15, 2021
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Eliminating Global Market Distortions To Protect American Jobs Act of 2021
This bill addresses unfair trade practices by making various changes to U.S. antidumping and countervailing duty law. Antidumping provides relief to U.S industries and workers that are materially injured or threatened with injury due to imports of like products sold in the U.S. market at less than fair value, while countervailing duty provides such relief from imports of products subsidized by a foreign government or public entity.
Specifically, the bill establishes a process for successive antidumping and countervailing duty investigations. Successive investigations may be concurrent (an ongoing investigation of the same product from different countries) or recently completed (not more than two years before the date of the initiation of the successive investigation). Further, the bill establishes a time line for the Department of Commerce to issue determinations in successive investigations.
Among other provisions, the bill authorizes Commerce to
- apply countervailing duty law to subsidies provided by a foreign government or public entity to a company operating in a different country,
- use another method for calculating the cost of production in specific circumstances, and
- require importers to provide a certification that the imported merchandise is not subject to an antidumping or countervailing duty order.
Additionally, the bill establishes procedures for Commerce to conduct circumvention inquiries, including by specifying the deadlines for preliminary and final determinations.
Cosponsors 18
Members who signed on, in the order they did. Signatures ran from Apr 15, 2021 to Dec 8, 2022; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OH | Rob Portman | Original | Apr 15, 2021 |
| R-FL | Marco Rubio | May 18, 2021 | |
| R-LA | Bill Cassidy | Nov 29, 2021 | |
| R-OK | James M. Inhofe | Nov 29, 2021 | |
| R-IA | Joni Ernst | Nov 29, 2021 | |
| R-IN | Mike Braun | Nov 29, 2021 | |
| D-PA | Robert P. Casey Jr. | Nov 29, 2021 | |
| R-WV | Shelley Moore Capito | Nov 29, 2021 | |
| D-MN | Tina Smith | Nov 29, 2021 | |
| R-IN | Todd Young | Nov 29, 2021 | |
| D-WV | Joe Manchin III | Feb 16, 2022 | |
| R-TN | Bill Hagerty | Mar 3, 2022 | |
| D-MN | Amy Klobuchar | May 17, 2022 | |
| R-AK | Dan Sullivan | May 24, 2022 | |
| R-SD | Mike Rounds | May 24, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Apr 15, 2021 |
Actions 2
Everything that happened, newest first.
- Apr 15, 2021Introduced in Senate
- Apr 15, 2021Read twice and referred to the Committee on Finance.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 4
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 117-622 | SUPPLY CHAIN RESILIENCY: ALLEVIATING BACKLOGS AND STRENGTHENING LONG-TERM SECURITY74 pages | Finance Committee | Jun 15, 2022 |
| S. Hrg. 117-662 | DEFENDING AND INVESTING IN U.S. COMPETITIVENESS98 pages | Finance Committee | Jul 14, 2021 |
| S. Hrg. 117-647 | THE STRATEGIC BENEFITS OF A MULTILATERAL APPROACH TO TRADE POLICY IN THE ASIA-PACIFIC REGION81 pages | Finance Committee | Jun 22, 2021 |
| S. Hrg. 117-351 | U.S.-CHINA RELATIONS: IMPROVING U.S. COMPETITIVENESS THROUGH TRADE106 pages | Finance Committee | Apr 22, 2021 |
CRS reports 2
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 2
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R46882 | Trade Remedies: Countervailing Duties | Report | Aug 23, 2021 |
| IF11897 | U.S. Steel Manufacturing: National Security and Tariffs Archived | Resource | Aug 12, 2021 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6121 | Eliminating Global Market Distortions to Protect American Jobs Act of 2021 | Related bill | Dec 2, 2021 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Tariff Act of 1930 to improve the administration of antidumping and countervailing duty laws, and for other purposes.
- Short Title(s) as Introduced
- Eliminating Global Market Distortions To Protect American Jobs Act of 2021
Subjects
Assigned by the Library of Congress. Policy area: Foreign Trade and International Finance.
- Canada
- Civil actions and liability
- Competitiveness, trade promotion, trade deficits
- Currency
- Foreign Trade and International Finance
- Fraud offenses and financial crimes
- Free trade and trade barriers
- Government studies and investigations
- International monetary system and foreign exchange
- Latin America
- Mexico
- Tariffs
- Trade agreements and negotiations
Text 1
Each version as it was printed, newest first.
- Apr 15, 2021Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
