Search Results for keywords:"fair value"

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Search Results: keywords:"fair value"

  • Type:Notice
    Citation:89 FR 95235
    Reading Time:about 5 minutes

    The United States International Trade Commission (USITC) has announced the start of investigations into whether imports of sol gel alumina-based ceramic abrasive grains from China are harming the U.S. industry by being sold at unfair prices or subsidized by the Chinese government. The Commission must make an initial decision by January 9, 2025, regarding these allegations. Procedures for participation in the investigation and submission of information are outlined, with deadlines for filing appearance entries, participating in a December conference, and submitting written briefs. All information submitted must be accurate as it may be shared within the U.S. Government for various purposes.

    Simple Explanation

    The U.S. is checking to see if some special sand (used for polishing) from China is being sold at really low prices and if that's hurting American businesses. They will decide if this is true by early January 2025.

  • Type:Notice
    Citation:89 FR 102111
    Reading Time:about 14 minutes

    The U.S. Department of Commerce has issued an antidumping duty order on truck and bus tires imported from Thailand. This decision comes after the department and the U.S. International Trade Commission both concluded that these imports were sold in the U.S. at less than fair value, resulting in harm to U.S. industry. Consequently, U.S. Customs and Border Protection will impose duties on these tires based on the difference between their normal value and export price. The Commerce Department will maintain a list for annual inquiries and provide instructions to ensure continued compliance with this order.

    Simple Explanation

    The U.S. government found out that Thailand was selling bus and truck tires really cheap in America, which wasn't fair to American tire makers. So, now they will make Thailand pay extra money when they sell these tires here to make sure everything is fair.

  • Type:Notice
    Citation:89 FR 95182
    Reading Time:about 11 minutes

    The U.S. Department of Commerce preliminarily determined that ceramic tile from India is not being sold in the U.S. at less than fair value, which is also known as "dumping." This decision covers the period from April 1, 2023, to March 31, 2024. As a result of this finding, U.S. Customs will not impose duties on these imports. Interested parties have the opportunity to comment on this determination before it is finalized.

    Simple Explanation

    The decision says that tiles from India are not being sold in America for super cheap prices to unfairly win customers. Because of this, no extra money (called "duties") will be added when these tiles are sold in the U.S.

  • Type:Notice
    Citation:89 FR 97592
    Reading Time:about 7 minutes

    The U.S. Department of Commerce made a final decision determining that melamine from Qatar is not being sold in the United States for less than fair value. This final ruling follows an earlier negative preliminary determination regarding the same issue. As a result of this negative determination, there will be no suspension of liquidation or cash deposits required for imports of melamine from Qatar, and the case is considered closed. This decision was reached after looking into sales, costs, and verifying information from relevant Qatari companies.

    Simple Explanation

    The U.S. says melamine from Qatar is being sold in America at a fair price, so there's no need for special taxes or rules on it, and they've closed the case.

  • Type:Notice
    Citation:86 FR 9951
    Reading Time:about 2 minutes

    The United States International Trade Commission (USITC) has determined that American industries are being harmed by imports of wood mouldings and millwork products from China. These products have been sold in the U.S. at less than fair value and are supported by Chinese government subsidies. The decision followed investigations that began in January 2020 after petitions from American millwork companies. The USITC conducted hearings and completed its determinations in February 2021, finding that these imports have affected the domestic industry.

    Simple Explanation

    The USITC found that wood products from China were being sold in America for less money than they should be, and this was hurting American companies. They decided this was partly because the Chinese government was helping their companies sell these products cheaply.

  • Type:Notice
    Citation:90 FR 15355
    Reading Time:about 19 minutes

    The U.S. Department of Commerce has made a preliminary decision that certain corrosion-resistant steel products from the United Arab Emirates are being sold in the U.S. at prices below fair value. This investigation, covering a period from July 2023 to June 2024, aims to assess and handle these imports with stricter measures, including a cash deposit requirement and suspension of entry liquidation. Interested parties are invited to submit comments before a final determination is made, which has been postponed and extended to allow further investigation.

    Simple Explanation

    The U.S. government thinks that special steel from the UAE is being sold in the U.S. for less money than it should be, and they are looking into it to make sure everything is fair. They want people to share their thoughts on this before they decide what to do next.