Staff Makes Progress In GPX Talks, Bill To Be Introduced After Recess

摘要

Staff for the chairmen and ranking members of the congressional trade committees continued their discussions last week on the development of GPX legislation, and sources mid-week said they were making good progress and nearing the end of their technical-level talks on the shape of that bill. However, these key members failed to introduce a bill before Congress adjourned for recess, meaning that introduction will have to wait at least until Feb. 27, when both chambers return to Washington. This puts some pressure on Congress to act swiftly once it returns, although sources stressed that Congress likely has until at least the middle of March to pass a bill if it wants to ensure that current countervailing duty (CVD) orders can be kept in place despite a mid-December court decision. That decision, known as GPX International Tire Corporation v. United States, stated that the Commerce Department does not have the authority to apply CVDs to imports from non-market economies (NMEs) like China. Staff for the chairmen and ranking members of the congressional trade committees are now drafting a bill to counteract that ruling by the Court of Appeals of the Federal Circuit (CAFC).