I rise today to introduce the Enforcing Orders and Reducing Circumvention and Evasion Act--or the ENFORCE Act-- of 2010. We all know what a tax cheat is; well let me tell you about a trade cheat. You see, under U.S. trade laws, when a certain import is found to be unfairly traded, that is, it benefits from government subsidies or is sold below market prices, the U.S. Department of Commerce imposes additional duties on these imports. These duties, we call them anti-dumping and countervailing duties, or AD/CVD, ensure that American producers are only asked to compete on a playing field that is level. But we have these trade cheats out there. They cheat American taxpayers out of the revenue that is supposed to be collected on imports, and which is needed to reduce the budget deficit, and they cheat American producers out of business that may otherwise be theirs. In short, the trade cheats steal American jobs and America's treasure.
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Senator Wyden introduces the ENFORCE Act to address trade cheating and its impact on American jobs and revenue.
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