U.S. Senate Republican Leader Mitch McConnell announced Monday that the United States Senate passed legislation that would save jobs in Kentucky and across the country by allowing the Department of Commerce to continue to assess duties on imports from designated market economies, including China and Vietnam.
"Today's action is a victory for Kentucky workers. I appreciate my colleagues supporting this legislation, which will save Kentucky jobs and level the playing field for Kentucky businesses," Senator McConnell said.
In late 2011, the U.S. Court of Appeals for the Federal Circuit in GPX International Tire Corp. v. United States ruled that the Department of Commerce does not have authority to assess countervailing duties on imports from what it considers non-market economies. This bipartisan legislation, introduced by Sen. McConnell and a number of other members from both parties, would clarify the intent of Congress regarding this provision.
The House of Representatives is expected to act shortly on companion legislation.