Congress Set to Pass Bill Preserving China Duties
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The U.S. House is set to vote today on bipartisan legislation letting the Commerce Department apply duties to offset government subsidies in nations such as China, a day after the Senate passed a similar measure.
The bill responds to a Dec. 19 decision by a U.S. appeals court in Washington that said existing law doesn’t authorize the agency to set tariffs on goods from countries lacking a domestic market to establish prices.