Sec. 2. Findings
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Congress finds the following: In recognition that trade policy can result in disparate and disruptive changes to the economy, the trade adjustment assistance program under title II of the Trade Act of 1974 ( 19 U.S.C. 2251 et seq.) was enacted to help workers adversely impacted by the trade policy decisions of the Federal Government. Federal trade statutes, including section 232 of the Trade Expansion Act of 1962 ( 19 U.S.C. 1862 ), section 301 of the Trade Act of 1974 ( 19 U.S.C. 2411 ), and potentially the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.), are being used aggressively to increase tariffs on selected imports.
Foreign countries affected by such tariff increases have, as of the date of the enactment of this Act, already raised tariffs on United States agricultural exports or have indicated that they intend to respond by raising tariffs on such agricultural exports. Increased tariffs on such agricultural exports threaten to cost United States agricultural producers global market share and reduce the income of producers in affected commodities. Farmers adversely impacted by the effects of increased tariffs on such agricultural exports deserve adjustment assistance.
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