Davis, Bost, Shimkus Urge U.S. & EU to Protect Steelworkers by Rejecting China’s Bid to Weaken Antidumping Trade Laws
U.S. Reps. Rodney Davis (R-Ill.), Mike Bost (R-Ill.), and John Shimkus (R-Ill.), along with members of the Congressional Steel Caucus, sent letters urging the U.S. Department of Commerce and the European Union to reject any bid by China to transition from non-market economy (NME) to market economy status (MES), which would ultimately weaken antidumping laws that are necessary to protect U.S. industries such as steel from unfairly priced Chinese imports.
“China has failed to adopt market principles and continues to heavily subsidize domestic industries while breaking our trade laws. Allowing this transition by either the U.S. or European countries would be devastating for American jobs. We have fought to ensure the Commerce Department has the tools necessary to fight against illegal trade practices commonly used by China and this move would significantly weaken efforts to impose anti-dumping duties on Chinese steel,” said Davis, Bost, and Shimkus.
When China was admitted to the World Trade Organization (WTO) in 2001 it was given NME status but that status expires on December 11, 2016 and requires WTO members including the U.S. Department of Commerce and European Union to re-determine this status based on several specific factors. Click here to find copies of letters sent to the U.S. Department of Commerce and European Union.
Davis, Bost, and Shimkus were successful in including language to strengthen enforcement rules against illegal trade practices in H.R. 1295, the Trade Preferences Extension Act, which was signed into law last summer.