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Agencies Believe Strengthening International Agreements to Improve Collection of Antidumping and Countervailing Duties Would Be Difficult and Ineffective
Loren Yager (au)
The U.S. and its trading partners have enacted laws to remedy the unfair trade practices of other countries that cause injury to domestic industries. U.S. law authorizes the imposition of additional duties on importers to remedy these unfair trade practices. Antidumping (AD) duties are imposed on imports that are “dumped” in the U.S. and countervailing (CV) duties are imposed on imports that are subsidized by foreign governments. Over $600 million in AD/CV duties has been uncollected. This report describes agencies’ views on: (1) obstacles (if any) to strengthening internat. agree. (IA) to help the U.S. collect AD/CV duties from importers without attachable assets in the U.S.; and (2) whether strengthened IA would improve duty collection. Illus.
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