Pub. L. 116-113, tit. IV, subtit. B, sec. 416 (as amended)

SUBSIDY NEGOTIATIONS.

Year: 2020Length: 143 wordsOfficial source
SEC. 416. [19 U.S.C. 4586] SUBSIDY NEGOTIATIONS. 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.
Cross-references to the US Code
19 U.S.C. 4586
Pub. L. 116-113, tit. IV, subtit. B, sec. 416 (as amended): SUBSIDY NEGOTIATIONS. | Justis AI