[Congressional Record Volume 168, Number 10 (Friday, January 14, 2022)]
[Extensions of Remarks]
[Page E38]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  SUPPORTING H.R. 6330, THE NONMARKET ECONOMY OVERCAPACITY REFORM ACT

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                           HON. BRIAN HIGGINS

                              of new york

                    in the house of representatives

                        Friday, January 14, 2022

  Mr. HIGGINS of New York. Madam Speaker, I rise today to announce my 
introduction of H.R. 6330, the Nonmarket Economy Overcapacity Reform 
Act.
  For too long, the United States has been deferential to foreign 
governments who undermine American workers and manufacturers through 
unfair trade practices, targeted subsidization, and excess production 
capacity. This playbook involves undercutting American industry, 
flooding the domestic markets with imports, distorting competition, and 
driving competition under.
  Our trade laws allow American manufacturers to seek relief from the 
International Trade Commission only after they've sustained material 
injury from uncompetitive trading practices. The decline in American 
manufacturing shows these laws to be insufficient. How many dormant 
American factories could have been saved before unfairly subsidized 
imports flooded U.S. markets? How much wealth has been shipped 
overseas, only to come back in the form of goods that put American 
workers out of a job?
  Last year, the United States Trade Representative testified before 
the Ways and Means Committee on the need for forward-looking trade laws 
that protect American industry from price dumping, unfair competition, 
and illegal subsidies. In many cases, we know non-market economies 
intend to undermine American workers and our nation's industrial base 
through unfair means--it is their stated policy.
  The Nonmarket Economy Overcapacity Reform Act will give the United 
States the tools we need to protect American jobs from the looming and 
established threat of global excess capacity. This narrowly tailored 
bill gives the United States the right to proactively seek antidumping 
and countervailing duties in demonstrated instances of buildup in 
excess production capacity. By focusing on non-market economies, this 
bill seeks to preserve the beneficial and lawful competitive trading 
relations we have established with our allies and good-faith trading 
partners around the globe.
  Madam Speaker, the United States has a responsibility to protect our 
Nation's manufacturers from unfair trading practices. When put on a 
level playing field, I know American workers can outperform anyone in 
the world--we must support them. I urge my colleagues to support H.R. 
6330, the Nonmarket Economy Overcapacity Reform Act.

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