SOCMA Endorses Trade Law Enforcement Act of 2011
Non-tariff barriers by foreign governments are on the rise and new legislation has been introduced to help the federal government more effectively respond. Congressman Michael Turner (R-OH) recently introduced H.R. 3112, the “Trade Law Enforcement Act of 2011,” in order to formalize the process by which the USTR acts on market access barriers that are unlawful under any U.S. trade agreement. This bill elevates a process already in place for companies to report the unfair practices they are experiencing for investigation. Formalizing the process allows companies to understand the resources that exist within the government, which often they do not know exist. In a time when businesses are looking more at new opportunities to export abroad to growing markets, having a resource such as this to ensure that companies can take full advantage of opportunities and agreements we have in place is extremely important.
Under current law, the United States Trade Representative (USTR) has the ability to retaliate against a wide variety of unfair trade practices, including market access problems caused by non-tariff barriers. However, while U.S. manufacturers can petition the USTR to take action, they seldom do so, due, in part, to the cost of compiling an adequate petition and the uncertainty of getting timely relief.
SOCMA has endorsed Turner’s bill and has encouraged other members of Congress to show their support by cosponsoring the Trade Law Enforcement Act of 2011. Click here to encourage your U.S. House Representative to cosponsor H.R. 3112, the “Trade Law Enforcement Act of 2011.”
For more information, please contact Justine Freisleben at (202) 721-4155.
What Members Are Saying…
“Right off the bat, SOCMA’s ChemStewards provides you with a template that shows you good practices that should be implemented across-the-board. And the dialogue with other members and SOCMA staff is very valuable. You would have to pay a lot of money to bring in that kind of expertise, but with SOCMA, it’s all a benefit of membership.”