Search Results for keywords:"trade compliance"

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Search Results: keywords:"trade compliance"

  • 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 17404
    Reading Time:about 11 minutes

    The U.S. Department of Commerce has determined that certain alkyl phosphate esters from China are being sold in the U.S. at less than their fair value, which began on October 1, 2023, and will continue until March 31, 2024. As a result, a dumping margin of 269.02% has been assigned to the China-wide entity. U.S. Customs will continue to hold imported goods to calculate and collect duties based on the outlined rates until a further decision is made. The U.S. International Trade Commission will now determine if these imports are harming U.S. industries, which could lead to the imposition of antidumping duties.

    Simple Explanation

    Certain chemicals from China, called alkyl phosphate esters, are being sold in the U.S. for less money than they're really worth, like buying a toy from the store at a too-good-to-be-true sale price. The U.S. government will stop this by making the people who bring these chemicals pay extra money, kind of like a fee, until they figure out if it's hurting people who make these chemicals in the U.S.

  • 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: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.

  • 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 8183
    Reading Time:about 26 minutes

    The U.S. Department of Commerce determined that aluminum wire and cable (AWC) products completed in South Korea, using components made in China, are circumventing the existing antidumping and countervailing duty orders on AWC from China. As a result, these Korean products are being included in these orders, which are meant to protect U.S. producers from unfair competition due to underpriced imports. Importers and exporters must provide certifications to Customs and Border Protection if they want to avoid the suspension of their goods and additional duties, ensuring that their products do not contain components from China. These measures apply from October 19, 2023, onwards, to all affected products.

    Simple Explanation

    Commerce says that some wires and cables made in Korea with parts from China are sneakily breaking rules, so now they have to pay extra fees when brought to the U.S. to help keep things fair for everyone.

  • Type:Notice
    Citation:90 FR 11702
    Reading Time:about 6 minutes

    The U.S. Department of Commerce has completed its review of silicon metal imports from Malaysia for the period of August 1, 2022, to July 31, 2023, and determined that these imports were not sold below their normal value in the U.S. market during this time. As a result, PMB Silicon, a Malaysian company, will not face additional antidumping duties, and the relevant U.S. imports will be processed without these extra charges. The customs deposit rate will remain at 12.27% for companies not specifically covered in the review. Importers are reminded to comply with regulatory requirements to avoid penalties.

    Simple Explanation

    The U.S. found that a special metal from Malaysia was sold at normal prices, so no extra fees will be added; a Malaysian company can keep selling it without extra costs, but other companies still have a small fee.

  • 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:Rule
    Citation:90 FR 14032
    Reading Time:about 20 minutes

    The Bureau of Industry and Security (BIS) has issued a final rule adding 70 entities to the Entity List. These entities are located in China, Iran, Pakistan, South Africa, and the UAE and have been identified as acting against the national security or foreign policy interests of the United States. The entities listed will require a license for all items subject to the Export Administration Regulations (EAR), and such applications will be presumed denied. Additionally, four existing entries are being modified on the Entity List, affecting entries under France, Iran, Senegal, and the United Kingdom.

    Simple Explanation

    The government has made a rule to stop 70 businesses in countries like China and Iran from getting certain things because they might not be safe for the United States. They want to make sure these businesses don't do anything that might be bad for the U.S.

  • 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.