On the recordMarch 6, 2012
I would like to thank the chairman for bringing this very, very important piece of legislation to the floor for a vote. I'm here to join my colleagues in support of H.R. 4105, which will protect the free market and prevent American businesses from unfair dumping practices by countries such as China. Madam Speaker, I hear from businesses in North Carolina every day who are telling me that in order to compete in the global market, action must be taken to prevent nonmarket countries like China from distorting the market and costing American jobs. Since 2007, the Department of Commerce has applied countervailing duties to Chinese products where it determines that China has provided unfair subsidies that violate its WTO obligations. These duties are not punitive; they merely serve as a correction to unfair Chinese subsidies. They restore the level playing field that U.S. industries and small businesses--such as wire producers and textile companies in North Carolina--provide. The SPEAKER pro tempore. The time of the gentlewoman has expired.
