New rules would help American businesses against unfair foreign trade.
This bill would update U.S. trade laws. It aims to better protect American businesses and workers from unfair foreign competition. The government would find it easier to investigate practices like dumping, foreign subsidies, and currency manipulation. This would help imported goods compete fairly with products made in the U.S.
Today, U.S. trade laws address unfair practices like dumping and subsidies, but some complex situations, such as cross-border subsidies or hidden cost distortions, can be difficult to fully counter. After this bill, the government would have updated tools to more quickly investigate and penalize these practices, including considering currency undervaluation and requiring certifications from importers. This would aim to create a more even playing field for American industries.
S 691 · 119th Congress · February 24, 2025 · AI Summary by gemini-2.5-flash · 10/10
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34 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.