Fair Trade Accessibility and Accountability Act of 2017
A BILL
To promote fair trade, allow for greater participation in trade enforcement, and improve accountability and transparency in trade matters.
Sec. 2 Assistance to small firms to file petitions for countervailing duty investigations and antidumping duty investigations under the Tariff Act of 1930
Sec. 3 Modification of determination of industry support for petition determinations under countervailing duty investigations and antidumping duty investigations under the Tariff Act of 1930
Sec. 4 Authority of ITC to issue trade enforcement advisory opinions
“(h) Trade enforcement advisory opinions
“(1) In general—A United States business enterprise may file a detailed petition with the appropriate congressional committees for purposes of requesting the Commission to determine whether or not a foreign country has violated its obligations under any trade agreement to which the United States is a party with respect to trade in goods or services of an industry in which the United States business enterprise is located.
“(2) Review by committees—The appropriate congressional committees shall—
“(A) review a petition filed under paragraph (1); and
“(B) upon agreement among the chairs and ranking members of such committees, refer the petition to the Commission.
“(3) Review by Commission—The Commission shall review each petition that is referred to the Commission by the appropriate congressional committees under paragraph (2)(B) to determine whether or not there is a reasonable basis to conclude that a violation described the petition occurred. The Commission shall provide opportunity for comment by the foreign government involved and other stakeholders that are invited to comment by the Commission.
“(4) Advisory opinion—Not later than 120 days after the date on which a petition is referred to the Commission under paragraph (2)(B), the Commission shall issue an advisory opinion that contains a determination of the Commission as to whether or not there is a reasonable basis to conclude that a violation described in the petition occurred. The Commission shall make available to the public all materials submitted to the Commission relating to the petition.
“(5) Definitions—In this subsection:
“(A) Appropriate congressional committees—The term appropriate congressional committees means the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate.
“(B) Commission—The term Commission means the United States International Trade Commission.
“(C) United states business enterprise—The term United States business enterprise means an entity organized under the laws of the United States or of any jurisdiction within the United States, including a foreign branch of such an entity.”