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Applying Countervailing Duty Provisions to Non Market Economy Countries

Floor Speech

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Date:
Location: Washington, DC

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Mrs. ELLMERS. Madam Speaker, I would like to thank the chairman for bringing this very, very important piece of legislation to the floor for a vote. I'm here to join my colleagues in support of H.R. 4105, which will protect the free market and prevent American businesses from unfair dumping practices by countries such as China.

Madam Speaker, I hear from businesses in North Carolina every day who are telling me that in order to compete in the global market, action must be taken to prevent nonmarket countries like China from distorting the market and costing American jobs.

Since 2007, the Department of Commerce has applied countervailing duties to Chinese products where it determines that China has provided unfair subsidies that violate its WTO obligations. These duties are not punitive; they merely serve as a correction to unfair Chinese subsidies. They restore the level playing field that U.S. industries and small businesses--such as wire producers and textile companies in North Carolina--provide.

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H.R. 4105 will ensure that the Department of Commerce can continue to apply countervailing duty and anti-subsidy laws to nonmarket economies that are violating current law. At the same time, we need robust trade policies that will strengthen our economy and build upon the partnerships we have made with countries around the world.

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