Small Business Trade Remedies Act of 1987

Small Business Trade Remedies Act of 1987 - Directs the Administrator of the Small Business Administration to establish within the Small Business Administration's Advocacy Office the Small Business Trade Remedies Office. Provides that the functions of the Office are to assist small businesses by preparing, initiating, and participating in proceedings relating to the administration of U.S. trade laws.

Amends the Tariff Act of 1930 to require the International Trade Commission (ITC), with respect to countervailing and antidumping duty investigations, to make determinations concerning whether a U.S. small business has been materially injured by reason of imported merchandise upon information (available at the time of the determination) which was provided by the parties to the investigation or generally available to the public. (Previously, determinations were based upon the best information available to the Commission at the time of the determination.)

Sets forth special rules the ITC must use in making determinations as to material injury to U.S. small businesses in countervailing and antidumping duty investigations.