Search Results for keywords:"cash deposit rates"

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Search Results: keywords:"cash deposit rates"

  • Type:Notice
    Citation:86 FR 8885
    Reading Time:about 6 minutes

    The Department of Commerce has amended its preliminary determination regarding the investigation of passenger vehicle and light truck tire sales from Taiwan, which were alleged to be sold at less than fair value. This amendment was necessary to correct significant ministerial errors that impacted the calculated dumping margins for certain companies, particularly Cheng Shin Rubber Ind. Co. Ltd. The adjustments have resulted in reduced cash deposit rates, which are effective retroactively from January 6, 2021. The changes aim to ensure accurate assessment of tariffs on the affected tire imports.

    Simple Explanation

    The Department of Commerce found out they made some important mistakes when deciding how much extra money companies should pay for tires coming from Taiwan. They fixed these mistakes, which means some companies now have to pay less money.

  • Type:Notice
    Citation:89 FR 100972
    Reading Time:about 8 minutes

    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.

    Simple Explanation

    The U.S. government fixed a mistake in their earlier check on some special glue from Korea, making sure that a company’s prices are fairer; this means people selling the glue now have to pay less money beforehand when bringing it into the U.S.

  • Type:Notice
    Citation:90 FR 14105
    Reading Time:about 12 minutes

    The U.S. Department of Commerce has determined that ferrosilicon imports from Malaysia are being sold at less than fair value in the U.S. between January 1, 2023, and December 31, 2023. Despite this, they found no critical circumstances, meaning no urgent action is needed regarding these imports. The determination involves specific companies like OM Materials (Sarawak) Sdn. Bhd. and Pertama Ferroalloys Sdn. Bhd, for which the agency adjusted the cash deposit rates based on their dumping margins. The U.S. International Trade Commission will follow up with its own investigation to assess potential harm to the U.S. domestic industry.

    Simple Explanation

    The U.S. government found out that ferrosilicon, a special metal from Malaysia, is being sold at a lower price in the U.S. than it should be. But they decided there's no need to act urgently about it.

  • Type:Notice
    Citation:86 FR 10535
    Reading Time:about 3 minutes

    The Department of Commerce has decided to cancel the review of countervailing duties on certain oil country tubular goods imported from Turkey during the year 2019. This decision follows the withdrawal of the review request by the interested parties who initially asked for it. Since no other parties requested a review, the process is now rescinded entirely. The department plans to instruct U.S. Customs and Border Protection to assess duties based on existing cash deposit rates accordingly.

    Simple Explanation

    Imagine a group of people decided to check if some special pipes from Turkey were paying too much or too little in extra taxes. But then, they changed their mind and decided not to check after all. So, the government said, "Okay, we won't check," and everything stays the same as before.

  • Type:Notice
    Citation:86 FR 289
    Reading Time:about 8 minutes

    The Department of Commerce has amended the final results of a review concerning antidumping duties on circular welded carbon-quality steel pipes from the United Arab Emirates. This amendment corrects a ministerial error related to the calculation of home market commissions for a company called Universal. The correction changes Universal's dumping margin and affects the rates for other companies not individually reviewed. Additionally, Commerce identified another error regarding the cash deposit rates, correcting them to reflect the all-others rate of 5.95 percent, as initially established. These actions ensure the accurate assessment and collection of antidumping duties in the reviewed period.

    Simple Explanation

    The Department of Commerce found a math mistake when checking the prices of steel pipes from a company in the United Arab Emirates, so they fixed it to make sure everyone pays the right amount of taxes. This change also helps other similar companies know how much they should pay.

  • Type:Notice
    Citation:90 FR 8696
    Reading Time:about 4 minutes

    The U.S. Department of Commerce is ending its review of the antidumping order on oil country tubular goods from China for the period of May 1, 2023, to April 30, 2024. This decision is due to the absence of suspended entries for the two companies involved, meaning there were no items to evaluate for duties. As a result, the current cash deposit rates for these goods will stay the same. Commerce plans to notify Customs and Border Protection to assess duties according to estimated deposit rates previously set.

    Simple Explanation

    The U.S. Department of Commerce decided to stop checking certain metal pipes from China for unfair pricing because there were no new pipes to look at from the two companies involved this year, so things will stay the same as before.

  • Type:Notice
    Citation:89 FR 101553
    Reading Time:about 7 minutes

    The U.S. Department of Commerce has concluded that certain producers or exporters from Japan sold glycine in the United States at prices below the normal value between June 1, 2022, and May 31, 2023. As a result, antidumping duties will be applied to the affected companies' products. The final decision was announced on December 16, 2024, and specific cash deposit rates and assessment rates have been established. Importers are reminded of their responsibility to report the reimbursement of these duties, or they may face additional charges.

    Simple Explanation

    The U.S. Department of Commerce found that some companies from Japan sold glycine, a type of chemical used in products like food and medicine, in the United States at unfairly low prices. Now, those companies have to pay extra money, called duties, to make things fair again, starting from June 2022 to May 2023.

  • Type:Notice
    Citation:90 FR 9892
    Reading Time:about 5 minutes

    The U.S. Department of Commerce has amended an earlier decision regarding certain low-speed personal transportation vehicles from China after identifying significant clerical errors. Initially, these errors affected the subsidy rate calculations for companies like Xiamen Dalle New Energy Automobile Co., Ltd. The corrections have resulted in changes to the countervailable subsidy rates, which in turn impact cash deposit rates for these products. This amendment is published to ensure accuracy and compliance with trade investigation regulations.

    Simple Explanation

    The U.S. Department of Commerce found some mistakes in their calculations about how much help certain Chinese-made vehicles get from their government, so they fixed those mistakes to make sure the right amount of taxes are paid when the vehicles are brought into the U.S.

  • Type:Notice
    Citation:90 FR 7658
    Reading Time:about 5 minutes

    The U.S. Department of Commerce determined that narrow woven ribbons with woven selvedge from Taiwan were sold at prices lower than normal in the U.S. during the review period from September 1, 2022, to August 31, 2023. Since no parties commented on the preliminary findings, Commerce finalized the results without changes, relying on adverse facts available for two Taiwanese companies, Hao Shyang and Lung Che. This decision means they will face antidumping duties, and U.S. Customs and Border Protection will assess these duties according to the final results. New cash deposit rates will apply based on the outcome of this review.

    Simple Explanation

    The U.S. found that special ribbons from Taiwan were sold really cheap in America, more than they should have been, so the U.S. is going to charge extra fees called duties on them to make sure prices are fair.

  • Type:Notice
    Citation:86 FR 7259
    Reading Time:about 7 minutes

    The Department of Commerce found that certain carbon steel pipes and tubes from Thailand are being sold in the U.S. at lower than normal value, which could be considered dumping, during the period from March 1, 2018, to February 28, 2019. They confirmed that one company, K Line Logistics, had no shipments during this period. The review has led to changes in the dumping margins for some companies, and the U.S. Customs and Border Protection will now assess duties based on these final results. The new cash deposit rates will be effective for future shipments and remain in place until further notice.

    Simple Explanation

    The Department of Commerce checked some steel pipes from Thailand and found that they were being sold in the U.S. cheaper than they should be. This means they will now charge extra money to make up for the low prices, starting from now on, and one company named K Line Logistics didn't sell any during this time.

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