Search Results for keywords:"Singapore"

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Search Results: keywords:"Singapore"

  • Type:Rule
    Citation:90 FR 4621
    Reading Time:about 9 minutes

    The Bureau of Industry and Security (BIS) has issued a new rule adding 16 entities to the Entity List because they are involved in activities against U.S. national security or foreign policy interests. These entities, mostly located in China and a couple in Singapore, are contributing to the development of advanced computing technology that could be used for military and surveillance purposes. As a result, they are now subject to additional licensing requirements for exporting, reexporting, or transferring items covered by U.S. regulations. This rule is effective from January 16, 2025, and was enacted without a prior proposal due to its relevance to national security.

    Simple Explanation

    The U.S. government has added some companies from China and Singapore to a special list because they are doing things that the U.S. thinks are not safe. Now, these companies have new rules they need to follow if they want to trade with the U.S.

  • Type:Notice
    Citation:90 FR 9553
    Reading Time:about 2 minutes

    The United States International Trade Commission has announced that it will conduct full reviews to assess if lifting antidumping duties on acetone from Belgium, Singapore, South Africa, South Korea, and Spain could lead to material harm to domestic industries. These reviews are part of the Tariff Act of 1930, which allows the Commission to determine the impact of revoking trade measures. Although responses from some countries like Belgium, South Korea, and Singapore were inadequate, the Commission decided to review all countries' cases for administrative efficiency. A schedule for these reviews will be announced later.

    Simple Explanation

    The government is checking if stopping special taxes on a chemical called acetone, which we get from certain countries, might hurt businesses in America. They're being extra careful by looking at all the countries even if some didn't send enough information back.

  • Type:Notice
    Citation:90 FR 11510
    Reading Time:about 6 minutes

    The U.S. Department of Commerce has completed the first expedited sunset reviews of antidumping duty orders on acetone from Belgium, Korea, Singapore, South Africa, and Spain. The review determined that revoking these orders would likely result in continued or repeated dumping of acetone at significant margins, with percentages as high as 414.92% for South Africa. These results suggest that the antidumping duties should remain in place to prevent unfair pricing practices from these countries. The document provides details about the review process and the findings related to the likelihood of future dumping.

    Simple Explanation

    The U.S. Department of Commerce checked if stopping special rules on selling a chemical called acetone from five countries would make them sell it too cheaply in the U.S. again. They decided to keep the rules in place to stop unfairly low prices.