U.S. Congress - S.796 Fair Currency Act of 2007
S.796 - Fair Currency Act of 2007
A bill to amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend title VII of the Tariff Act of 1930 to provide that exchange-rate misalignment by any foreign nation is a countervailable export subsidy, to amend the Exchange Rates and International Economic Policy Coordination Act of 1988 to clarify the definition of manipulation with respect to currency, and for other purposes. as introduced.
- Short: Fair Currency Act of 2007 as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 9
- All-Time: 4,023
|
|
|
|
|
|
|
|
Committees
Official Summary
3/7/2007--Introduced.Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervaOfficial Summary
3/7/2007--Introduced.Fair Currency Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Includes exchange-rate misalignment (undervaluation of a foreign currency) by a country as a countervailable subsidy. Requires the administering authority to use methodologies that measure certain benchmarks outside of a nonmarket economy country where exchange-rate misalignment exists when measuring the benefit of a countervailable subsidy bestowed on a product by such country in a countervailing duty proceeding. Amends the Trade Act of 1974 to include exchange-rate misalignment by the People's Republic of China as a condition in determining market disruption to the domestic producers of a like or directly competitive product from products imported from China. Prohibits the Department of Defense from procuring defense articles imported from China if such articles are competitive with domestic industry articles critical to the defense industrial base of the United States. Applies provisions of this Act to goods from Canada and Mexico. Amends the Exchange Rates and International Economic Policy Coordination Act of 1988 to direct the Secretary of the Treasury to consider in the annual analysis of foreign exchange rate policies whether countries have a currency that is in fundamental misalignment, and if so, to initiate bilateral corrective negotiations. Directs the Secretary, prior to U.S. approval of a change in an international financial institution's governance, to determine whether a member who would benefit from such change has a currency that is manipulated or in fundamental misalignment, and if so, oppose such change. Amends the Tariff Act of 1930 to require the administering authority in determining whether a country is a nonmarket economy country to consider whether such country's manipulation or fundamental misalignment of its currency adversely affects the U.S. economy.
...Read the Rest
Recent News Coverage
An old China hand draws fire on imports
O’Shaughnessy said Schumer’s office falsely claimed that the Bunning bill, S. 796, violated US commitments under the World Trade Organization. ...
US Coalition Expresses Appreciation for Introduction of ...
... Inc., in Cary, Illinois, and newly-elected Chairman of the US Business and Industry Council, stated that the coalition continues to support S. 796, ...
Recent Blog Coverage
View All (34)
|
View Top Rated
S.796: A bill to amend the Internal Revenue Code to extend ...
Official government data, breaking news and blog coverage, public comments and user community for S.796 A bill to amend the Internal Revenue Code to extend qualified school construction bonds and qualified zone academy bonds, to treat qualified zone aca...
S.796: Hardrock Mining and Reclamation Act of 2009 - U.S. Congress ...
Energy Bill In Senate S. 796, Hardrock Mining and Reclamation Act of 2009: For Additional Energy Bill Information … 304 Dirksen Senate Building Washington, DC 20510 (202) 224-4971 Home | Search | Text Only … Do you need support, . .... OpenCongress is
Revierflaneur» Blogarchiv » Sonntag, 21. Dezember 2008: Der Tod!?
Köln: DuMont Verlag, 1977, S. 796 f.) Und dann gab es da noch die plausible Einsicht, schon bei den Vorsokratikern, dass ich mich doch wohl nicht um ein posthumes Nichtsein bekümmern muss, da mich mein pränatales Nichtsein ebensowenig ...
Vote on This Bill
-
Share This Bill
More Share via Email
