Search Results for keywords:"cash deposit rates"

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Search Results: keywords:"cash deposit rates"

  • Type:Notice
    Citation:86 FR 8179
    Reading Time:about 10 minutes

    The Department of Commerce is reviewing an antidumping duty order on pure magnesium from China for the period between May 1, 2018, and April 30, 2019. It has preliminarily determined that two Chinese companies, Tianjin Magnesium International and Tianjin Magnesium Metal, did not make any sales or shipments to the U.S. during this time. The public is invited to comment on these findings, and the Commerce Department plans to finalize its review within 120 days. The final decision will determine if any antidumping duties apply, and what cash deposit rates will be required for future imports of these products.

    Simple Explanation

    The U.S. government is checking if some magnesium from China was sold too cheaply in America, which could hurt local businesses. They found that two companies from China didn't sell any here during a certain time, and they are asking people what they think about this before they make a final decision.

  • 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.

  • Type:Notice
    Citation:89 FR 104516
    Reading Time:about 5 minutes

    The U.S. Department of Commerce is ending a review of countervailing duties on ceramic tiles from China for 2023, because there were no qualifying entries by the company in question. An earlier request to evaluate the exporter, Cayenne Corporation Ltd., was made, but it was found that there were no ceramic tiles imported from them during the review period. As a result, the current cash deposit rates for duties will remain unchanged. This decision was made because there were no goods to assess during the review period, so the review is being fully rescinded.

    Simple Explanation

    The U.S. Department of Commerce decided not to continue looking into whether Chinese tiles need special taxes in 2023 because the company they were checking didn’t send any tiles to the U.S. during this time. So, everything will stay the same with no new taxes added.

  • 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: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: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.