Senate OKs Bill Aimed At Maintaining Chinese Duties

Law360, New York (March 5, 2012, 5:56 PM EST) -- The U.S. Senate on Monday swiftly and unanimously passed legislation aimed at allowing the U.S. Department of Commerce to continue imposing countervailing duties on subsidized goods from China, after a recent appeals court decision nixed the practice.

The bill, S. 2153, would legitimize Commerce's power to slap countervailing duties on nonmarket-economy countries, including China and Vietnam, overturning a December Federal Circuit ruling that found the department lacked the authority to do so.

Senate Finance Committee Chairman Max Baucus, D-Mont., and subcommittee on international trade ranking member...
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