Search Results for keywords:"trade compliance"

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Search Results: keywords:"trade compliance"

  • Type:Notice
    Citation:90 FR 14081
    Reading Time:about 38 minutes

    The U.S. Department of Commerce is starting administrative reviews of antidumping and countervailing duty orders with February anniversary dates, as per its regulations. This involves selecting certain companies for examination to determine if they have been involved in unfair trade practices, such as selling products in the U.S. at less than fair value. Companies involved may need to provide detailed sales information, and those from non-market economy countries must prove independence from government control to get separate rates. The reviews aim to ensure fair trade and compliance with U.S. trade laws.

    Simple Explanation

    The U.S. Department of Commerce checks if companies are being fair by making sure they don't sell things in America too cheaply, and they ask companies to show they're not controlled by their governments if they want a different rate.

  • Type:Notice
    Citation:86 FR 7355
    Reading Time:about 4 minutes

    The Department of Commerce conducted a review of the antidumping duty order on steel nails from Oman. They concluded that if the order were removed, it would likely lead to continued dumping, with margins up to 9.10%. This review included analysis of previous findings, public comments, and a hearing. The final decision ensures that the antidumping order remains in place to prevent unfair pricing practices.

    Simple Explanation

    The Department of Commerce, like a referee, decided that without some rules, people who sell steel nails from Oman might try to charge really low prices to hurt the competition. So, they decided to keep the rules, called antidumping duties, to make sure everything is fair.

  • Type:Notice
    Citation:90 FR 3797
    Reading Time:about 6 minutes

    The U.S. Department of Commerce determined that cold-rolled steel products from Korea were not sold in the U.S. at prices lower than normal between September 1, 2022, and August 31, 2023. As a result, two Korean companies, Hyundai Steel and POSCO, will not face any antidumping duties, and neither will another Korean company that wasn't individually reviewed, KG Dongbu. The final results, unchanged from the preliminary ones, mean no additional calculations are disclosed, and cash deposits for certain shipments will be zero or vary based on past rates. This notice also reminds importers about filing requirements related to antidumping duties.

    Simple Explanation

    The U.S. checked if some Korean steel was being sold too cheaply in America, and they found out it wasn't, so the Korean companies don't have to pay extra taxes on it.

  • Type:Notice
    Citation:89 FR 104982
    Reading Time:about 19 minutes

    The U.S. Department of Commerce, along with the International Trade Commission, has decided to impose antidumping duties on frozen warmwater shrimp imported from Indonesia. Additionally, they have issued countervailing duties on similar shrimp imported from Ecuador, India, and Vietnam. These actions are taken because these imports are being sold at less than fair value and are subsidized, which harms the U.S. shrimp industry. Orders are effective from specific dates, with measures to ensure compliance through customs and border protection enforcement.

    Simple Explanation

    The U.S. wants to make sure that shrimp from other countries, like Indonesia, Ecuador, India, and Vietnam, don't hurt American shrimp sellers because they are sold too cheaply or get special help from their governments. So, they made new rules to keep everything fair.

  • Type:Notice
    Citation:86 FR 7063
    Reading Time:about 8 minutes

    The U.S. Department of Commerce has preliminarily determined that producers and exporters of cold-rolled steel from South Korea received financial subsidies during 2018 that are subject to countervailing duties. This review focuses on the subsidy rates for specific companies and aims to determine the appropriate duties to impose on these imports to address unfair pricing practices. Interested parties can submit comments or request a hearing, and the final results of the review are expected within 120 days after the preliminary results are published.

    Simple Explanation

    The U.S. Department of Commerce checked cold-rolled steel from South Korea in 2018 and thinks some companies got unfair help with money, so they might have to pay extra fees when they sell their steel here. People can tell the department if they have something to say about this before they make their final decision.

  • Type:Notice
    Citation:90 FR 15544
    Reading Time:about 31 minutes

    The Commerce Department’s International Trade Administration has started investigations into whether polypropylene corrugated boxes imported from China and Vietnam are being sold in the U.S. at unfairly low prices. This action follows petitions filed by several U.S. companies who believe that these imports are harming domestic industry. The investigation will examine both the dumping (selling below market value) allegations and the support from U.S. industry for these claims. The findings could lead to additional duties on the imported goods if it’s determined they are hurting American businesses.

    Simple Explanation

    The U.S. government is checking to see if certain plastic boxes from China and Vietnam are being sold here for super low prices that might be unfair to American box makers. If they find this out, they could make the people selling these boxes pay more money!

  • Type:Notice
    Citation:90 FR 5813
    Reading Time:about 7 minutes

    The U.S. Department of Commerce concluded that during the review period from December 1, 2022, to November 30, 2023, Indian producers/exporters of carbazole violet pigment 23 did not sell their products in the U.S. at unfairly low prices. This review led to a decision that these companies, including Meghmani and Navpad, will not face additional antidumping duties, and Gharda Chemicals Ltd. will also benefit from a zero percent margin. Future shipments will have a cash deposit rate of 0.00 percent because no changes were made from the earlier preliminary findings.

    Simple Explanation

    The U.S. Department of Commerce checked if some companies from India sold a special purple paint powder in America for too cheap, and they found that the companies sold it at just the right price so there won't be any extra charges for them.

  • Type:Notice
    Citation:89 FR 102106
    Reading Time:about 8 minutes

    The U.S. Department of Commerce has completed its review of sales by Industeel Belgium S.A. during May 1, 2022, to April 30, 2023, and found that the company sold steel plates in the U.S. at prices below normal value. These findings result in an estimated weighted-average dumping margin for the company, which means they will have to pay antidumping duties on their products. The Commerce Department will disclose the calculations behind these results within five days of publication and will instruct U.S. Customs and Border Protection on how to assess these duties. The cash deposit rates for future shipments from Industeel and other producers will be adjusted based on these results.

    Simple Explanation

    The U.S. government checked if a company from Belgium, called Industeel, was selling steel plates in the U.S. for prices cheaper than usual, which they were; now, they'll have to pay extra fees on those sales to make it fairer for everyone else.

  • Type:Notice
    Citation:86 FR 7990
    Reading Time:about 5 minutes

    The Department of Commerce has issued a countervailing duty order on prestressed concrete steel wire strand (PC strand) from Turkey. This decision is based on positive determinations by the Department and the International Trade Commission that these subsidized imports harm U.S. industry. Consequently, countervailing duties will be imposed on certain imports entering the United States from September 21, 2020. Cash deposits will be required to enforce these duties until further notice, with specific provisions for provisional measures.

    Simple Explanation

    The United States is putting extra taxes on some steel cables from Turkey because they found out these cables are getting help from the Turkish government, which is making it hard for American companies to compete.

  • Type:Notice
    Citation:90 FR 10066
    Reading Time:about 8 minutes

    The U.S. Department of Commerce announced that POSCO, the only exporter evaluated in this review, did not sell certain carbon and alloy steel cut-to-length plates from South Korea below their normal value from May 1, 2022, to April 30, 2023. This means POSCO was not found to be dumping these products in the U.S. market, leading to no additional duties imposed on their entries during this period. There were no comments from other parties on the preliminary results, and the details for assessing duties or refunds based on these findings will follow these final results. This decision and related instructions will apply to relevant products starting from the publication date of this notice.

    Simple Explanation

    The U.S. Department of Commerce checked if a company from South Korea, called POSCO, was selling steel plates in the U.S. for very low prices unfairly, and found that they weren't. So, POSCO won't have to pay extra money for their sales during that time.

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