To amend title VII of the Tariff Act of 1930 to provide that the provisions relating to countervailing duties apply to nonmarket economy countries.

H.R. 784 is a legislative proposal designed to allow the U.S. government to impose "countervailing duties"—special import taxes—on goods coming from countries with nonmarket economies, such as those where the government heavily controls industry and pricing. Currently, these duties are primarily used to offset unfair foreign government subsidies that lower the price of imports and disadvantage American businesses. By expanding these rules, the bill aims to protect domestic manufacturers and workers from international competition that benefits from state-funded price advantages.