19 USC 4586 - Subsidy negotiations

U.S Code last checked for updates: Apr 28, 2024

§ 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.

(Pub. L. 116–113, title IV, § 416, formerly Pub. L. 103–182, title IV, § 406, Dec. 8, 1993, 107 Stat. 2138; renumbered § 416 of Pub. L. 116–113 and amended Pub. L. 116–113, title V, § 504(g), Jan. 29, 2020, 134 Stat. 75.)

cite as: 19 USC 4586