Search Results for keywords:"trade policy"

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Search Results: keywords:"trade policy"

  • Type:Notice
    Citation:86 FR 56
    Reading Time:about 11 minutes

    The Department of Commerce's International Trade Administration has proposed preliminary findings that Chinese manufacturers of certain chassis and subassemblies receive unfair subsidies, which can harm U.S. manufacturers. The investigation covers activities between January 1 and December 31, 2019. As a result of the findings, the U.S. government might impose extra duties on these imports to level the playing field. The public is invited to provide comments on this preliminary decision, and the final decision will require further verification due to travel restrictions related to COVID-19.

    Simple Explanation

    The U.S. Department of Commerce found that China might be unfairly helping its companies make certain products cheaply, which could hurt companies in America. They are thinking about adding extra charges to these products from China and want people to share their thoughts on this idea.

  • Type:Notice
    Citation:86 FR 8765
    Reading Time:about 4 minutes

    The Department of Commerce conducted a second sunset review and found that if the countervailing duty order on steel grating from China were revoked, it would likely lead to the continuation or recurrence of subsidies. This decision means that the protections against unfair subsidies will remain in place. The review included input from domestic manufacturers represented by the Metal Grating Coalition, but no significant responses from other interested parties. The final results were published, affirming the continuation of these duties to prevent unfair trade practices.

    Simple Explanation

    The Department of Commerce decided that if the special rules stopping unfair help to Chinese steel makers were canceled, it would be bad, so they are keeping the rules to help make sure trading stays fair.

  • Type:Presidential Document
    Citation:90 FR 9121
    Reading Time:about 9 minutes

    The Executive Order 14195, issued by President Donald J. Trump, addresses the impact of synthetic opioids, mainly from China, on the United States. It highlights that these opioids cause significant harm, including deaths and societal issues, and criticizes China's role in the drug trade. To counter this, the order expands a national emergency declaration, mandating an additional 10% import duty on Chinese goods, subject to certain conditions. This action aims to pressure China into taking more stringent measures against illegal opioid distribution.

    Simple Explanation

    President Trump made a rule that charges extra money on things bought from China to help stop bad drugs from coming into the country and hurting people, but it's a bit tricky because it doesn't say exactly which things will cost more.

  • Type:Notice
    Citation:89 FR 96945
    Reading Time:about 4 minutes

    The U.S. Department of Commerce has decided that getting rid of the existing countervailing duty (CVD) order on steel racks from China might lead to the return of government subsidies that help Chinese manufacturers at unfair levels. This conclusion comes after an expedited review, due to a lack of participation from Chinese respondents. The review examines whether subsidies would likely continue if the duty order were revoked, and it found that such subsidies would likely recur. The findings and related discussions are detailed in the Issues and Decision Memorandum, which is available for public access online.

    Simple Explanation

    The U.S. government says if they stop charging extra money when people buy steel shelves from China, it might make things unfair because China's government might help their factories too much.