CONGRESS FOR VOTERS

RepublicanBill · S. 691· Senate(119-S-691)

Leveling the Playing Field 2.0 Act

Rep. Young
Age: 54 years
Indiana
Introduced
2/24/2025
Last activity
2/24/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Todd Young
Cosponsors
Republican - 13Democrat - 10
Foreign Trade and International Finance
  1. Introduced
  2. In Committee

What this bill would do

The Leveling the Playing Field 2.0 Act aims to amend the Tariff Act of 1930 to improve how antidumping and countervailing duty laws are administered. The bill introduces new rules for successive investigations to consider the impact of recent or concurrent investigations on domestic industry. It also addresses market distortions by modifying how subsidies and costs of production are handled, especially regarding multinational corporations and foreign market situations. Additionally, the bill includes provisions to prevent circumvention of duties and requires certain importers to provide certifications. It further addresses currency undervaluation and requires nonresident importers to maintain assets in the United States.

Yes

  • Would business owners be better off under this?+5

    Domestic producers benefit from more aggressive enforcement against foreign subsidies and circumvention.

  • Does this make it easier to run a small business?+2

    The bill protects domestic producers from unfair trade practices like subsidies and market distortions.

  • Does this make what the government does easier for the public to see?+1

    The bill requires the publication of facts and conclusions for circumvention determinations in the Federal Register.

The opposite

  • Does this make trade with other countries easier?-3

    The bill imposes stricter regulatory and asset requirements on nonresident importers, which may complicate international trade flows.

  • Would people in cities be better off under this?-2

    Increased trade barriers could lead to higher costs for consumer goods in urban markets.

  • Does this give people more protection from unfair business practices?-1

    Increased duties and stricter import regulations may lead to higher prices for imported goods.