Search Results for keywords:"U.S. Department of Commerce"

The U.S. Department of Commerce has corrected a significant error in its preliminary investigation regarding the sale of certain epoxy resins from Korea. The investigation found that Kumho P&B Chemicals had a significant ministerial error in the calculation of their dumping margin. These corrected changes lead to a revised dumping margin for Kumho P&B and all other producers or exporters, resulting in adjusted cash deposit rates effective retroactively to November 13, 2024. The revised rates suggest a decrease in cash deposits, and the Commerce Department will update U.S. Customs and Border Protection with the new instructions for refunds.

The U.S. Department of Commerce is making changes to its initial decision involving the investigation of solar cells from Malaysia, which found that they were being sold in the U.S. at less than fair value. Corrections are being made due to big mistakes in how the initial calculations were done, particularly involving currency conversion and customer codes for a company called Jinko Solar. These errors lead to changes in the estimated dumping margins, which affect the cash deposit requirements for Jinko Solar and other companies. The amended rates will be applied retroactively to early December 2024.

The U.S. Department of Commerce is reviewing an antidumping duty order on superabsorbent polymers from South Korea for the period from June 7, 2022, to November 30, 2023. They found that LG Chem, Ltd., a South Korean company, did not sell their products in the U.S. at unfairly low prices during this time. Interested parties can submit comments on these preliminary findings. The Commerce Department will determine any necessary antidumping duties and provide instructions to U.S. Customs and Border Protection once the review is completed.

The U.S. Department of Commerce, through the International Trade Administration, has announced new dates for several trade missions, adjusting schedules to account for COVID-19 concerns. These missions include various business development and trade initiatives involving countries like Peru, Chile, India, and Vietnam. The changes also extend deadlines for applications, allowing more time for U.S. companies to participate if conditions permit. The intended missions aim to promote business opportunities and U.S. exports while ensuring the safety of participants.

The Bureau of Economic Analysis (BEA), part of the U.S. Department of Commerce, is conducting a mandatory survey called the Annual Survey of Foreign Direct Investment in the United States (BE-15). This survey is essential to understanding the influence of foreign investments on the U.S. economy. It requires U.S. businesses with significant foreign ownership to report their financial activities. Companies have the option to file their reports electronically, and completed reports are due by May 31 or June 30 if using the electronic system.

The U.S. Department of Commerce has made a preliminary determination that certain tungsten shot from China is likely being sold in the U.S. at less than fair value. This determination covers the period from January 1, 2024, to June 30, 2024. As a result, U.S. Customs and Border Protection is instructed to suspend liquidation of these products, requiring cash deposits based on calculated dumping margins. Interested parties can comment on this preliminary finding, and the final determination is expected within 135 days.

The U.S. Department of Commerce has concluded an expedited review and determined that if the antidumping duty on vertical metal file cabinets imported from China is revoked, it could lead to the continuation or recurrence of dumping at significant rates, with margins up to 198.50 percent. This finding is part of an effort to prevent unfair pricing that could harm U.S. industries. As a result, the antidumping duty order remains in place to protect domestic producers. The full analysis can be accessed via the Commerce Department's electronic system.

The U.S. Department of Commerce has adjusted the results of a review concerning countervailing duties on certain off-the-road tires from India due to ministerial errors. Specifically, they corrected mistakes in how benefits under certain economic programs were calculated for ATC Tires Private Limited and Balkrishna Industries Ltd. As a result, Balkrishna's dumping margin was slightly increased, but ATC's margin remained unchanged. These adjustments also influence the duties to be assessed on these companies' products during the specified review period in 2022.

The U.S. Department of Commerce is reviewing the sale of certain aluminum foil from Brazil, finding that it was sold in the U.S. at prices below normal value between November 1, 2022, and October 31, 2023. This review is part of an antidumping duty action and involves companies like CBA Itapissuma Ltda. and Companhia Brasileira de Alumínio. Interested parties can comment on these preliminary findings, and the final results are expected within 120 days of the notice's publication. The findings will influence future duty assessments on these products.

The U.S. Department of Commerce and the International Trade Commission have decided to continue the antidumping duty orders on silicomanganese from India, Kazakhstan, and Venezuela. This decision was made because ending these orders could lead to increased dumping and harm to U.S. industries. Silicomanganese is mainly used in steel production and the continuation means U.S. Customs will keep collecting duties on these imports. The effective date for this decision is December 10, 2024.