To amend the Trade Act of 1974 to authorize the United States Trade Representative to impose remedial measures with respect to certain entities that evade or may attempt to evade duties imposed with respect to nonmarket economy countries, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Trade Act of 1974 to authorize the United States Trade
Representative to impose remedial measures with respect to certain entities that evade
or may attempt to evade duties imposed with respect to nonmarket economy countries, and
for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Trade, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HCCF69EA770B54B3FBF89FBBC61F99D35: 1. Short title This Act may be cited as the Axing Nonmarket Tariff Evasion Act or the ANTE Act.
- Section HBA344F54C8E9441DB66C7D36466C18D2: 2. Imposition by Trade Representative of remedial measures in case of evasion of duties by certain entities of nonmarket economy countries Title III of the...
- Section H04EF842790614195A6A5907FFD9EBB9E: 311. Remedial measures regarding evasion of duties by certain entities in nonmarket economy countries The Trade Representative may initiate an inquiry into...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Trade Act of 1974 to authorize the United States Trade Representative to impose remedial measures with respect to certain entities that evade or may attempt to evade duties imposed with respect to nonmarket economy countries, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Trade, Government Operations
Primary Purpose
This bill, To amend the Trade Act of 1974 to authorize the United States Trade Representative to impose remedial measures with respect to certain entities that evade or may attempt to evade duties imposed with respect to nonmarket economy countries, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Banks introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
Key Definitions
Terms defined in this bill
any country that is both— determined to be a nonmarket economy country under section 771(18) of the Tariff Act of 1930 (19 U.S.C. 1677(18))
any country that is both—(A)determined to be a nonmarket economy country under section 771(18) of the Tariff Act of 1930 (19 U.S.C. 1677(18))
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology