Bill > S1856

This bill, the Leveling the Playing Field 2.0 Act, amends the Tariff Act of 1930 to improve the administration of antidumping and countervailing duty laws. Key provisions include: establishing special rules for determining material injury in successive antidumping and countervailing duty investigations; addressing cross-border subsidies in countervailing duty investigations; modifying the definition of "ordinary course of trade" to specify that insufficient quantity of foreign-like products constitutes a situation outside the ordinary course of trade; modifying adjustments to export price and constructed export price with respect to duty drawback; modifying the determination of normal value to account for cost distortions in foreign countries; establishing special rules for calculating cost of production and constructed value to address distorted costs; and modifying requirements in circumvention inquiries. The bill also addresses currency undervaluation, duty evasion, and other general provisions.