Amends the Tariff Act of 1930 to provide for the revocation of "country under the agreement" status if any country having an agreement with the United States on subsidies and countervailing measures, or an equivalent obligation, either: (1) announces that it does not intend or is not able to honor its obligations with the United States; or (2) does not honor such obligations.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department.
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