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19 U.S.C. § 4586 - U.S. Code - Unannotated Title 19. Customs Duties § 4586. Subsidy negotiations

Current as of January 01, 2024 | Updated by FindLaw Staff

In the case of any trade agreement which may be entered into by the President with a USMCA country, the negotiating objectives of the United States with respect to subsidies shall include--

(1) achievement of increased discipline on domestic subsidies provided by a foreign government, including--

(A) the provision of capital, loans, or loan guarantees on terms inconsistent with commercial considerations;

(B) the provision of goods or services at preferential rates;

(C) the granting of funds or forgiveness of debt to cover operating losses sustained by a specific industry; and

(D) the assumption of any costs or expenses of manufacture, production, or distribution;

(2) achievement of increased discipline on export subsidies provided by a foreign government, particularly with respect to agricultural products; and

(3) maintenance of effective remedies against subsidized imports, including, where appropriate, countervailing duties.

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Cite this article: FindLaw.com - 19 U.S.C. § 4586 - U.S. Code - Unannotated Title 19. Customs Duties § 4586. Subsidy negotiations - last updated January 01, 2024 | https://codes.findlaw.com/us/title-19-customs-duties/19-usc-sect-4586/

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