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Latest Action: 04/12/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. 1/31/2007--Introduced. Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use methodologies that measure certain benchmarks outside of a nonmarket economy country where exchange-rate misalignment exists when measuring the benefit of a countervailable subsidy bestowed on [...]

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Latest Action: 03/07/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. 3/7/2007--Introduced. Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use methodologies that measure certain benchmarks outside of a nonmarket economy country where exchange-rate misalignment exists when measuring the benefit of a countervailable subsidy bestowed [...]

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Latest Action: 01/23/2007 - Sponsor introductory remarks on measure. (CR S914-916)

Bill Text
A bill to strengthen United States trade laws and for other purposes. 1/23/2007--Introduced. Strengthening America's Trade Laws Act - Allows, under specified conditions, certain U.S. persons supportive of the government's position before a dispute settlement panel or Appellate Body of the World Trade Organization (WTO) to participate in consultations and panel or Appellate Body proceedings. Establishes the Congressional Advisory Commission on WTO Dispute Settlement to provide advice to Congress on the operation of the WTO dispute settlement system. Amends the Uruguay Round Agreements Act to require congressional approval before any modification of an agency regulation or practice that has been adversely affected by a WTO decision. Directs the United States to negotiate with the WTO to determine clarification of its obligations under the Uruguay Round Agreement due to an adverse WTO decision if the United States, Congress, or Commission finds that such [...]

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Latest Legislation - View All

Latest Action: 03/07/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. 3/7/2007--Introduced. Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use methodologies that measure certain benchmarks outside of a nonmarket economy country where exchange-rate misalignment exists when measuring the benefit of a countervailable subsidy bestowed [...]

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Latest Action: 04/12/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. 1/31/2007--Introduced. Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use methodologies that measure certain benchmarks outside of a nonmarket economy country where exchange-rate misalignment exists when measuring the benefit of a countervailable subsidy bestowed on [...]

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Latest Action: 01/23/2007 - Sponsor introductory remarks on measure. (CR S914-916)

Bill Text
A bill to strengthen United States trade laws and for other purposes. 1/23/2007--Introduced. Strengthening America's Trade Laws Act - Allows, under specified conditions, certain U.S. persons supportive of the government's position before a dispute settlement panel or Appellate Body of the World Trade Organization (WTO) to participate in consultations and panel or Appellate Body proceedings. Establishes the Congressional Advisory Commission on WTO Dispute Settlement to provide advice to Congress on the operation of the WTO dispute settlement system. Amends the Uruguay Round Agreements Act to require congressional approval before any modification of an agency regulation or practice that has been adversely affected by a WTO decision. Directs the United States to negotiate with the WTO to determine clarification of its obligations under the Uruguay Round Agreement due to an adverse WTO decision if the United States, Congress, or Commission finds that such [...]

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