Search Results for citation:"90 FR 10623"

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Search Results: citation:"90 FR 10623"

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  • 2025-03037 — Certain Softwood Lumber Products From Canada: Final Results of Countervailing Duty Changed Circumstances Review
    Type:Notice
    Citation:90 FR 10623
    Reading Time:about 5 minutes

    The U.S. Department of Commerce has determined that TRAPA Forest Products Ltd. (TRAPA) is the successor to Trans-Pacific Trading Ltd. concerning the countervailing duty order on certain softwood lumber from Canada. As a result, TRAPA will now be subject to the same cash deposit rate of 6.74% that previously applied to Trans-Pacific. This decision follows the Department's preliminary findings, and no objections were raised against it. Consequently, all shipments of applicable products by TRAPA will adopt this rate moving forward.

    Simple Explanation

    The U.S. government decided that TRAPA Forest Products is now like a new version of another company called Trans-Pacific for special trade rules about wood from Canada. This means TRAPA now has to pay the same extra tax (6.74%) on their wood that Trans-Pacific did.

  • 2025-03054 — Stainless Steel Flanges From India: Final Results of Countervailing Duty Administrative Review; 2022
    Type:Notice
    Citation:90 FR 10623
    Reading Time:about 3 minutes

    The U.S. Department of Commerce has finalized its review and confirmed that Indian producers and exporters of stainless steel flanges benefited from government subsidies during 2022. As a result, these producers will face countervailing duties, which are tariffs imposed to counteract these subsidies. The Department will instruct U.S. Customs and Border Protection to collect these duties on merchandise entering the U.S. after the review's publication date. These decisions follow their preliminary findings, as there were no objections from interested parties.

    Simple Explanation

    Imagine a store owner who sells shiny metal parts in the U.S. learns that some parts from India are cheaper because the Indian government helped pay for making them. To make things fair, the U.S. decides to charge extra money, called duties, on these parts when they're brought into the country. The store owner keeps things balanced and fair for everyone.