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Anti-Dumping (AD) and Countervailing Duties (CV): Options for Improving Collection: Congressional Testimony
Since FY 2001, the fed. govít. has been unable to collect over $1 billion in AD and CV imposed to remedy injurious, unfair foreign trade practices. These include AD duties imposed on products exported to the U.S. at unfairly low prices (i.e., dumped) and CV duties on products exported to the U.S. that were subsidized by foreign governments. These uncollected duties show that the U.S. govít. has not fully remedied the unfair trade practices for U.S. industry and has lost out on a substantial amount of duty revenue to the U.S. Treasury. This statement summarizes key findings from prior reports on: (1) past initiatives to improve AD/CV duty collection; and (2) additional options for improving AD/CV duty collection. This is a print on demand report.
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