Calling for the maintenance of effective trade remedies for United States manufacturers and producers by ensuring that any foreign country designated as a nonmarket economy country under the Tariff Act of 1930 retain this status until it demonstrates that it meets all of the criteria for treatment as a market economy set forth in section 771(18)(B) of such Act.

Calls on:

• the President to apply U.S. antidumping and countervailing duty laws against nonmarket economy countries,
• the President to retain the status of any country currently designated as a nonmarket economy country until it meets certain criteria for treatment as a market economy country,
• nonmarket economy countries to eliminate all direct and indirect subsidies and other market-distorting government policies benefitting the production and export of goods to the United States, and
• such countries to enter into binding and enforceable agreements for removing excess production capacity and withdrawing state intervention in and control over their economies.