Search Results for keywords:"subsidy rate"

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Search Results: keywords:"subsidy rate"

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  • 2021-01497 — Circular Welded Carbon Steel Pipes and Tubes From the Republic of Turkey: Final Results of Countervailing Duty Administrative Review; Calendar Year 2018
    Type:Notice
    Citation:86 FR 6866
    Reading Time:about 8 minutes

    The Department of Commerce announced the final results of its administrative review on countervailing duties for circular welded carbon steel pipes and tubes from Turkey for the year 2018. They found that the Borusan Companies received a de minimis (insignificant) net subsidy rate, meaning they benefited very little from government support, while other Turkish exporters received higher subsidies. The review did not make any changes to the subsidy rate for the Borusan Companies but revised the rates for firms not individually examined. The Department of Commerce plans to instruct Customs and Border Protection to adjust cash deposits and duties based on these findings.

    Simple Explanation

    The Department of Commerce checked to see how much help some Turkish companies got from their government in making steel pipes. They found that one group of companies, called the Borusan Companies, got very little help, but other companies got more help.

  • 2024-29600 — Certain Aluminum Foil From the People's Republic of China: Amended Final Results of Countervailing Duty Administrative; 2022
    Type:Notice
    Citation:89 FR 102107
    Reading Time:about 7 minutes

    The U.S. Department of Commerce has amended the final results of the countervailing duty review for aluminum foil from China for 2022, correcting a mistake in the calculations for Jiangsu Zhongji Lamination Materials Co.'s subsidy rate. This change affects the rates for other companies not specifically selected, as theirs is an average rate based on mandatory respondents. Moreover, steps to assess duties and update cash deposit requirements for these duties are outlined. The department highlights compliance with procedural rules and corrects ministerial errors as defined under U.S. trade laws.

    Simple Explanation

    The U.S. Department of Commerce found a mistake in calculating the extra charges for aluminum foil from China, so they fixed it to ensure fair trade rules are followed. This change also affects other companies, as they will now pay the correct rates based on this adjustment.