Search Results for keywords:"final judgment"

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Search Results: keywords:"final judgment"

  • Type:Notice
    Citation:86 FR 8884
    Reading Time:about 5 minutes

    The U.S. Department of Commerce has announced a correction to its previous decision regarding the antidumping duty order on stainless steel bar from India. On January 28, 2021, the U.S. Court of International Trade ruled that the original decision was incorrect, prompting Commerce to amend its results. Despite this change, the revised antidumping duty margin for the company Venus Wire Industries remains above the minimum threshold, meaning they will stay included in the antidumping duty order. Commerce will not issue new cash deposit instructions as Venus had already been subjected to another review that established a new rate.

    Simple Explanation

    The U.S. government changed its mind about some rules for selling a special kind of steel from India to the U.S. because the court said the first decision was not right. But one company's steel still costs extra when sold to the U.S. because of an older rule.

  • Type:Notice
    Citation:90 FR 12129
    Reading Time:about 7 minutes

    The U.S. Court of International Trade (CIT) has issued a final decision that is not in agreement with the U.S. Department of Commerce's previous findings on antidumping duties for steel concrete reinforcing bars from Mexico. Originally, Commerce had assessed a high dumping margin on Grupo Simec, but upon review, the margin was reduced to 0.00%. Consequently, the rates for companies like Grupo Acerero and Sidertul have also been adjusted to 0.00%. Until further appeals are resolved, Commerce is prevented from finalizing the duty assessments on these goods.

    Simple Explanation

    Imagine that someone argued about how much extra money companies need to pay when they bring special metal bars from Mexico to the U.S. A big group of decision-makers changed their minds and said those companies shouldn't pay extra anymore. But, until everything is fully decided, no final amounts are set.