Four witnesses asked Congress to pass Level the Playing Field Act 2.0, a proposal that would change trade remedy laws in favor of domestic manufacturers, at a House hearing called the "Chinese Communist Party Threat to American Manufacturing."
Fighting Trade Cheats Act
The Fighting Trade Cheats Act of 2023 or H.R.2667 is a bill introduced to Congress that would increase penalties for entities that knowingly flout U.S. trade law. The bill would allow any injured entity to bring a civil action against violators. The bill also includes a five-year ban on importing products from companies that have violated trade law.
The U.S. Chamber of Commerce objects to legislation meant to update antidumping and countervailing duty laws, it said in a letter to leadership of House Ways and Means Committee and its Trade Subcommittee. Soon after the Chamber sent its letter, lawmakers introduced the House version of the Eliminating Global Market Distortions to Protect American Jobs Act, the legislation that the Chamber has concerns about. "The Chamber opposes this bill, which has not been subject to the scrutiny and deliberation required for a complex, far-reaching measure amending U.S. AD/CVD laws," the Chamber said. "This major overhaul of U.S. trade laws could add to inflationary pressures by raising costs for a wide variety of goods, including many products sourced from U.S. allies and partners."