International trade plays a vital role in the global economy, with the US actively importing and exporting goods. Free trade encourages competition and innovation, but unfair practices can distort markets. The US government investigates these issues and imposes antidumping/countervailing duties to protect jobs. The video also covers market competition dynamics, customs broker roles, and the importance of compliance with trade regulations, including duty assessments and financial responsibilities for importers.

#United States Code (USC), Title 19
#1671
#1673
#Section 773 of the Tariff Act
#Participating Government Agencies (PGAs)
#Department of Commerce (DOC)
#International Trade Commission (ITC)
#Code of Federal Regulations (CFR) Title 19
#159.61
#351.206
#351.211
#351.212
#351.218
#351.402
#Acts of Congress
#Continued Dumping and Subsidy Offset Act (CDSOA)
#CBP Forms
#CBP Form 7501
#CBP Form 7501 Instructions
#CBP Publications
#Automated Commercial Environment (ACE)
#ACE Entry Summary Instructions
#CBP Directives
#Directive 3550-067A