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118-s-5110Committee
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Stopping Adversarial Tariff Evasion Act

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Summary

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This bill amends three trade enforcement statutes to clarify that articles produced, manufactured, or assembled by foreign adversary parties or entities controlled by them are treated as originating from foreign adversary countries for purposes of tariffs and trade actions. The bill defines foreign adversary countries as China, Russia, Iran, North Korea, Cuba, Venezuela (under Maduro), and Syria, and establishes a 25 percent equity ownership threshold to identify controlled entities. The amendments apply to trade enforcement actions under Section 301 of the Trade Act of 1974, safeguard actions under Section 232 of the Trade Expansion Act of 1962, and import injury determinations under Section 203 of the Trade Act of 1974.

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Bill details

Congress
118
Bill type
s
Introduced
September 19, 2024
Sponsor
Not yet available
Last action
September 19, 2024— Read twice and referred to the Committee on Finance.

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