To amend the Tariff Act of 1930 to provide for an expedited antidumping investigation when imports increase materially from new suppliers after an antidumping order has been issued, and to amend the provision relating to adjustments to export price and constructed export price.

Summary: Expedited Remedy for Persistent Dumping Act of 2001 - Revises federal tariff law provisions concerning monitoring cases of suspected persistent dumping to: (1) provide for an expedited antidumping investigation of merchandise from an additional supplier country if the Commerce Department discerns imports of merchandise from the additional supplier country have increased by 15 percent or more during a period of 90 days or longer; and (2) establish Department Commerce and International Trade Commission procedures and deadlines for making determinations as to whether or not dumping and injury have occurred.Adds specific conditions for reducing the price used to establish export price or "constructed export price," meaning the amount at which the merchandise is first sold or agreed to be sold in the United States by or for the producer or exporter.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expedited Remedy for Persistent 
Dumping Act of 2001''.

SEC. 2. EXPEDITED REMEDY WHERE PERSISTENT DUMPING IS PRESENT.

    Section 732(a)(2) of the Tariff Act of 1930 (19 U.S.C. 1673a(a)(2)) 
is amended--
            (1) by striking subparagraph (A) and inserting the 
        following:
                    ``(A) Initiation of expedited investigation.--An 
                expedited antidumping duty investigation shall be 
                initiated with respect to a particular class or kind of 
                merchandise that is subject to an existing antidumping 
                order within 20 days of the request of an interested 
                party described in subparagraph (C), (D), (E), (F), or 
                (G) of section 771(9), if the administering authority 
                determines, from information available to it, that 
                imports of such class or kind of merchandise have 
                increased materially from an additional supplier 
                country, as defined in subparagraph (C), during a 
                period of 90 days or during a longer period as 
                determined by the administering authority to be 
                appropriate. The request shall allege and present 
                supporting information that such imports are occurring. 
                The administering authority, in making a determination 
                under this subparagraph, shall consider the public 
                record of its investigation of imports of merchandise 
                subject to the existing antidumping order.'';
            (2) by striking subparagraph (B) and inserting the 
        following:
                    ``(B) Increased materially.--The administering 
                authority shall consider imports of merchandise from an 
                additional supplier country to have increased 
                materially if such imports have increased by 15 percent 
                or more over the amount of such imports during a period 
                of comparable duration preceding initiation of the 
                antidumping investigation of imports of merchandise 
                subject to the existing antidumping order.''; and
            (3) by striking subparagraph (D) and inserting the 
        following:
                    ``(D) Procedures and injury determinations for 
                expedited investigations.--
                            ``(i) The provisions of subsections (b)(3), 
                        (c)(4), (d), and (e) of this section, section 
                        733 (b), (d), and (e), section 734 (a), (b), 
                        (c), (d), (e), (f), (i), (k), and (l), and 
                        section 735 (a), (c), (d), and (e) shall apply 
                        to expedited investigations under this 
                        paragraph, except that the administering 
                        authority shall issue a preliminary 
                        determination within 90 days of receiving a 
                        request for an investigation under subparagraph 
                        (A).
                            ``(ii) Not later than 45 days after the 
                        date on which the request under subparagraph 
                        (A) is received by the administering authority, 
                        the Commission shall determine if there is a 
                        reasonable indication of material injury or 
                        threat of material injury as prescribed in 
                        section 733(a)(1).
                            ``(iii) If the Commission makes an 
                        affirmative determination that there is a 
                        reasonable indication of material injury and 
                        the administering authority makes an 
                        affirmative final determination, The Commission 
                        shall make a final determination as prescribed 
                        in section 735(b)(1) before the later of--
                                    ``(I) the 120th day after the day 
                                on which the administering authority 
                                makes its affirmative preliminary 
                                determination under this subparagraph, 
                                or
                                    ``(II) the 45th day after the day 
                                on which the administering authority 
                                makes its affirmative final 
                                determination under section 735(a).
                            ``(iv) The Commission shall make a 
                        determination under this subparagraph from 
                        reasonably available information (including 
                        public information on the administrative record 
                        of its investigation of imports of merchandise 
                        subject to the existing antidumping order).
                            ``(v) An affirmative final determination 
                        shall not be made unless the Commission 
                        determines pursuant to the factors described in 
                        sections 735(b)(1) and 771(7) that an industry 
                        in the United States is materially injured, or 
                        threatened with material injury, by reason of 
                        imports of the subject merchandise and that 
                        imports of the subject merchandise are not 
                        negligible.''.

SEC. 3. REIMBURSEMENT OF DUTIES.

    Section 772(c)(2) of the Tariff Act of 1930 (19 U.S.C. 1677a(c)(2)) 
is amended--
            (1) by striking ``and'' at the end of subparagraph (A);
            (2) by striking the period at the end of subparagraph (B) 
        and inserting a comma; and
            (3) by adding at the end the following new subparagraphs:
                    ``(C) an amount equal to the dumping margin 
                calculated under section 771(35)(A), unless the 
                producer or exporter is able to demonstrate that the 
                importer was in no way reimbursed for any antidumping 
                duties paid, and
                    ``(D) an amount equal to the net countervailable 
                subsidy calculated under section 771(6), unless the 
                producer or exporter is able to demonstrate that the 
                importer was in no way reimbursed for any 
                countervailing duties paid.''.

SEC. 4. APPLICATION TO CANADA AND MEXICO.

    Pursuant to article 1902 of the North American Free Trade Agreement 
and section 408 of the North American Free Trade Agreement 
Implementation Act, the amendments made by this Act shall apply with 
respect to goods from Canada and Mexico.