Search Results for keywords:"trade remedy laws"

Found 2 results
Skip to main content

Search Results: keywords:"trade remedy laws"

  • Type:Rule
    Citation:89 FR 101694
    Reading Time:about 7 hours

    The U.S. Department of Commerce has updated its regulations to improve the management of antidumping and countervailing duty (AD and CVD) laws. These changes aim to make the rules clearer and increase transparency by detailing how duties are applied and calculated. The amendments address issues like determining duty rates for nonmarket economies and handling subsidies from foreign governments. These new rules will take effect on January 15, 2025, to better enforce fair trade practices.

    Simple Explanation

    The big rule people made some changes to make sure trading with other countries is fair. They're going to start checking prices more closely when people in America buy stuff from other countries, like toys or clothes, so that everything is fair and square.

  • Type:Rule
    Citation:90 FR 14205
    Reading Time:about 5 minutes

    The U.S. Department of Commerce issued a correction to a previous rule on antidumping and countervailing duties that had mistakenly removed important sections from the regulations. This correction restores the deleted sections, fixes a punctuation error, and amends a misspelled word. The changes are effective immediately to prevent public confusion, as the original amendments were never intended to alter these parts of the regulations. The Department had initially provided an opportunity for public comment, and since the corrections do not involve substantive changes, additional comments are not needed.

    Simple Explanation

    The U.S. Department of Commerce found some mistakes in rules about taxes on imported goods, like missing parts and a wrong punctuation mark, and fixed them to make the rules clear again. They made these quick changes so people don't get confused, and since the fixes were simple and didn't really change the rules, they didn't ask for more public feedback.