"The Executive Order signed on March 31, 2017, promotes the efficient and effective administration of U.S. customs and trade laws by establishing enhanced measures to collect duties and a heightened enforcement posture for addressing trade violations that threaten the safety and economic security of the United States.
The United States must ensure a level playing field for U.S. industries and to protect against unfair competition and practices from foreign governments when importing goods. To do this, the United States imposes additional duties, called antidumping and countervailing duties (AD/CVD), determined by the U.S. Department of Commerce (Commerce), on certain imported goods to offset unfair low prices and foreign government subsidies. The United States also imposes appropriate bonding requirements on entries of articles subject to AD/CVD when necessary to protect the revenue of the United States. However, the evasion of AD/CVD on imports into the United States and other trade violations may cause U.S. industries to suffer from unfair import competition and deprive the U.S. government of revenue.
In Fiscal Year (FY) 2016, $14 billion of imported goods were subject to AD/CVD, and U.S. Customs and Border Protection (CBP) collected $1.5 billion in AD/CVD cash deposits. CBP’s collection of AD/CVD cash deposits increased over 25 percent since FY 2015 and by almost 200 percent since FY 2014. As of the end of FY 2016, $2.8 billion of AD/CVD duties were owed to the U.S. government for imports going back to 2001.
The executive order aligns with CBP’s operational approach to combating U.S. trade violations by detecting, deterring, and disrupting illicit trade practices, and by enhancing U.S. economic competitiveness and security..."
Antidumpting and trade
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