WASHINGTON – Sen. Chuck Grassley (R-Iowa) joined Senate Majority Leader John Thune (R-S.D.) and Sen. Tina Smith (D-Minn.) to reintroduce the Trade Cheating Restitution Act, legislation that would support American producers who have been harmed by unfair trade practices, primarily by China. The bill would direct U.S. Customs and Border Protection (CBP) to distribute interest realized on certain anti-dumping and countervailing duties since 2000 to qualifying U.S. producers harmed by decades of trade distortions that continue to undercut these domestic industries.
“Iowans produce some of the best agricultural products in the world. As a result of Iowa farmers’ hard work, America is the world’s top agricultural exporter. Unfortunately, China’s unfair trade practices have hurt Americans who produce quality products in an honest manner. Our bipartisan legislation will help restore fairness to international trade and compensate producers who’ve been injured by the Chinese Communist Party,” Grassley said.
In addition to Grassley, Thune and Smith, the legislation is cosponsored by Sens. Gary Peters (D-Mich.) and Bill Cassidy (R-La.).
Read bill text HERE.
Background:
The Trade Cheating Restitution Act of 2025 builds on a Thune-Grassley provision that was signed into law in 2015 as part of the Trade Facilitation and Trade Enforcement Act, which required CBP to distribute the interest realized on duties collected since 2014.
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