Bipartisan Senate Bill Introduced to Require CBP to Pay Interest on CDSOA Distributions
Sen. Jon Tester, D-Mont., and three Republican senators introduced the China Trade Cheating Restitution Act to require CBP to pay interest on distributions of antidumping duties and countervailing duties to injured parties under the Continued Dumping and Subsidy Offset Act, which applies to entries made before Sept. 30, 2007. For imports that entered since FY 2008 began, injured parties have not been allowed to receive money collected on antidumping or countervailing duties. The Senate bill, introduced March 30, is a companion to one introduced in December in the House (see 2112140032).
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The senators say about $38.5 million in interest is owed to domestic crawfish harvesters, honey producers, and mushroom and garlic growers. Noting his state "is one of the top honey-producing states in the country," bill co-sponsor Sen. John Thune, R-S.D., said in a news release that the "unfair practice of circumventing U.S. trade laws, which jeopardizes honey producers’ financial security, should be met with strict enforcement and increased protections." Honey producers are also pursuing the money through litigation (see 2105250069).