This bill would change section 337 of the Tariff Act of 1930. It says the United States International Trade Commission (USITC) should focus its resources on protecting genuine domestic industries. It also aims to safeguard public health and welfare and the United States economy. The bill would require more transparency for third party litigation funding. The title says there are also other purposes, but it does not list them.
The bill targets how the USITC handles certain trade investigations. It would be relevant to businesses that compete with imports, parties that bring Section 337 cases, and entities that provide third party funding for litigation. The title describes goals but does not give details about specific changes or timelines.
No publicly available information.
Supporters want the USITC to use its resources to protect authentic domestic industries. They also want to protect public health and the economy and to make third party litigation funding more transparent.
No publicly available information.