Top Legislation - View All
Also tagged in: Armed forces, Balance of payments, Balance of trade, Canada, China, Congress, Congress and foreign policy, Congressional oversight, Congressional reporting requirements, Countervailing duties, Defense economics, Defense procurement, East Asia, Foreign exchange, Foreign exchange rates, Foreign policy, Governmental investigations, Import relief, International affairs, International finance, International monetary system, Latin America, Mexico, Public contracts, Trade, Trade negotiations, Weapons systems
Latest Action: 04/12/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Bill TextTo 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 [...] show full description
Also tagged in: Armed forces, Balance of payments, Balance of trade, Canada, China, Congress, Congress and foreign policy, Congressional oversight, Congressional reporting requirements, Countervailing duties, Defense economics, Defense procurement, East Asia, Foreign exchange, Foreign exchange rates, Foreign policy, Governmental investigations, Import relief, International affairs, International finance, International monetary system, Latin America, Mexico, Public contracts, Trade, Trade negotiations, Weapons systems
Latest Action: 03/07/2007 - Read twice and referred to the Committee on Finance. Bill TextA 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 [...] show full description
Also tagged in: Administrative procedure, Canada, China, Congress, Congress and foreign policy, Congressional hearings, Congressional oversight, Congressional reorganization, Congressional reporting requirements, Countervailing duties, Dispute settlement, Dumping, East Asia, Executive departments, Expedited congressional procedure, Exports, Finance, Foreign exchange, Foreign exchange rates, Foreign policy, Free trade, Government information, Government ownership, Government publicity, Governmental investigations, House rules and procedure, Import relief, International affairs, International finance, Latin America, Law, Legislative resolutions, Mexico, Office of the U.S. Trade Representative, President and foreign policy, Presidents, Prices, Public meetings, Senate rules and procedure, Tariff, Tax exemption, Taxation, Trade, Trade agreements, Trade negotiations, Valuation
Latest Action: 01/23/2007 - Sponsor introductory remarks on measure. (CR S914-916) Bill TextA 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 [...] show full description
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Latest Legislation - View All
Also tagged in: Armed forces, Balance of payments, Balance of trade, Canada, China, Congress, Congress and foreign policy, Congressional oversight, Congressional reporting requirements, Countervailing duties, Defense economics, Defense procurement, East Asia, Foreign exchange, Foreign exchange rates, Foreign policy, Governmental investigations, Import relief, International affairs, International finance, International monetary system, Latin America, Mexico, Public contracts, Trade, Trade negotiations, Weapons systems
Latest Action: 03/07/2007 - Read twice and referred to the Committee on Finance. Bill TextA 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 [...] show full description
Also tagged in: Armed forces, Balance of payments, Balance of trade, Canada, China, Congress, Congress and foreign policy, Congressional oversight, Congressional reporting requirements, Countervailing duties, Defense economics, Defense procurement, East Asia, Foreign exchange, Foreign exchange rates, Foreign policy, Governmental investigations, Import relief, International affairs, International finance, International monetary system, Latin America, Mexico, Public contracts, Trade, Trade negotiations, Weapons systems
Latest Action: 04/12/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Bill TextTo 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 [...] show full description
Also tagged in: Administrative procedure, Canada, China, Congress, Congress and foreign policy, Congressional hearings, Congressional oversight, Congressional reorganization, Congressional reporting requirements, Countervailing duties, Dispute settlement, Dumping, East Asia, Executive departments, Expedited congressional procedure, Exports, Finance, Foreign exchange, Foreign exchange rates, Foreign policy, Free trade, Government information, Government ownership, Government publicity, Governmental investigations, House rules and procedure, Import relief, International affairs, International finance, Latin America, Law, Legislative resolutions, Mexico, Office of the U.S. Trade Representative, President and foreign policy, Presidents, Prices, Public meetings, Senate rules and procedure, Tariff, Tax exemption, Taxation, Trade, Trade agreements, Trade negotiations, Valuation
Latest Action: 01/23/2007 - Sponsor introductory remarks on measure. (CR S914-916) Bill TextA 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 [...] show full description
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