To amend the Tariff Act of 1930 to improve the administration of antidumping and countervailing duty laws, and for other purposes.

Referred to the House Committee on Ways and Means.

Bill 119 hr 1548, also known as the "Antidumping and Countervailing Duty Modernization Act of 2021," aims to make changes to the Tariff Act of 1930 in order to enhance the enforcement and administration of antidumping and countervailing duty laws in the United States.

Antidumping and countervailing duties are tariffs imposed on imported goods that are being sold at unfairly low prices or are benefiting from government subsidies in their home countries. These duties are intended to level the playing field for American businesses and protect them from unfair competition.

The bill includes provisions to improve the transparency and efficiency of the antidumping and countervailing duty investigation process. It requires the Department of Commerce to provide more detailed explanations for its determinations and to establish clear deadlines for completing investigations. Additionally, the bill aims to strengthen enforcement mechanisms to ensure that duties are properly collected and that companies are held accountable for violating trade laws. Overall, the Antidumping and Countervailing Duty Modernization Act of 2021 seeks to modernize and streamline the administration of antidumping and countervailing duty laws in order to protect American businesses and promote fair trade practices.