Leveling the Playing Field 2.0 Act

The Leveling the Playing Field 2.0 Act establishes special rules for handling successive antidumping and countervailing duty investigations, requiring the Department of Commerce to consider prior injury determinations when making new findings. It addresses market distortions from foreign government subsidies and currency undervaluation by expanding how the U.S. calculates fair trade values for imported goods. The bill also creates new procedures to prevent circumvention of existing duties (such as by changing product descriptions to avoid tariffs) and requires importers to certify that merchandise isn't subject to existing duties. These changes primarily affect U.S. Customs and Border Protection, the Department of Commerce, and importers of goods from countries that may be engaging in trade-distorting practices.