Search Results for keywords:"Countervailing Duty"

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Search Results: keywords:"Countervailing Duty"

  • Type:Notice
    Citation:86 FR 10931
    Reading Time:about 23 minutes

    The Department of Commerce, through its Enforcement and Compliance division, has started investigations on whether granular polytetrafluoroethylene (PTFE) resin imports from India and Russia are benefiting from government subsidies, which might harm U.S. producers. The investigations were initiated after petitions filed by Daikin America, Inc. claimed that these imports are negatively affecting the U.S. industry. The investigation aims to determine if these imports are causing material injury to the domestic industry. Granular PTFE resin is under review, and the department has outlined procedures for submitting comments and information related to these investigations.

    Simple Explanation

    The Department of Commerce is looking into whether special plastic material from India and Russia is getting unfair help from their governments, which might be making it hard for people in the U.S. to sell their own plastic.

  • Type:Notice
    Citation:90 FR 11398
    Reading Time:about 3 minutes

    The U.S. Department of Commerce has finalized its decision in a review about the relationship between several companies involved in softwood lumber imports from Canada. The department has determined that Interfor Sales & Marketing Ltd. (ISM) is cross-owned with several other corporations, including Interfor Corporation and EACOM Timber Corporation. This means they share ownership stakes, but it does not affect the cash deposit rates for these companies. The findings were unchanged from earlier results and, since there were no objections, have been adopted as final.

    Simple Explanation

    The U.S. Department of Commerce figured out that a group of companies that sell lumber from Canada are sort of like a big family because they share ownership ties, but this doesn't change how much money they need to set aside for possible taxes.

  • Type:Notice
    Citation:86 FR 10922
    Reading Time:about 3 minutes

    The Department of Commerce has determined that KG Dongbu Steel Co., Ltd. is considered the successor to Dongbu Steel Co., Ltd. and Dongbu Incheon Steel Co., Ltd. for the purposes of antidumping duty (AD) cash deposits related to imports from Korea. However, KG Dongbu Steel is not viewed as the successor for countervailing duty (CVD) reasons because of significant ownership changes that might affect subsidy calculations. As a result, for AD purposes, KG Dongbu Steel will inherit the duty rates from Dongbu Steel/Dongbu Incheon, but for CVD, they will not. U.S. Customs and Border Protection will apply these AD rates to future imports from KG Dongbu Steel until further notice.

    Simple Explanation

    Imagine a toy company is changing its name from "Fun Toys" to "New Fun Toys." For keeping track of old promises, they are considered the same company when it comes to pricing rules. However, for different rules about money and help from other companies, they aren't considered the same because of changes in who owns them and how they work.

  • Type:Notice
    Citation:90 FR 9614
    Reading Time:about 6 minutes

    The U.S. Court of International Trade (CIT) issued a final judgment on January 17, 2025, regarding the countervailing duty (CVD) review of corrosion-resistant steel products from Korea, stating that it disagrees with the U.S. Department of Commerce's prior decision. Consequently, the Department of Commerce is amending its results concerning the subsidy rates for KG Dongbu Steel and related entities. Current cash deposit rates remain unchanged, and any entries from these companies during 2019 are still subject to an injunction until any appeals are resolved. If not appealed, the Department will instruct the assessment of CVDs accordingly.

    Simple Explanation

    The U.S. government looked at how much extra help some Korean companies were getting to make their strong metal products. The court said the first look wasn’t quite right, so the government is fixing it. But, the rules won’t change yet until everything is double-checked, kind of like making sure everyone’s playing fair in a game.

  • Type:Notice
    Citation:89 FR 96942
    Reading Time:about 18 minutes

    The U.S. Department of Commerce has made a preliminary determination that producers and exporters of certain low speed personal transportation vehicles (LSPTVs) from China are receiving countervailable subsidies. The investigation, covering activities from January 1, 2023, to December 31, 2023, found that some companies have not cooperated with requests for information, leading to the application of adverse inferences. Interested parties are encouraged to submit their comments, and the final countervailing duty determination will align with the final determination of the related antidumping duty investigation, expected by April 2025. Additionally, the case found some critical circumstances regarding specific companies, and adjustments in regulations will be discussed, inviting further public comment.

    Simple Explanation

    The U.S. thinks some companies in China are getting special help to make certain little cars cheaper, which isn't fair to other countries. They want to make it fair by adding extra costs, called duties, to these cars, and people can share their thoughts on this plan.

  • Type:Notice
    Citation:90 FR 11039
    Reading Time:about 5 minutes

    In accordance with the Tariff Act of 1930, the U.S. Department of Commerce is starting the five-year reviews of certain antidumping and countervailing duty orders and suspended investigations. These reviews, known as Sunset Reviews, will evaluate whether these duties should continue or be revoked. The U.S. International Trade Commission is conducting parallel reviews. Interested parties must submit their intentions to participate and provide necessary documentation within specified deadlines to be considered.

    Simple Explanation

    The U.S. Department of Commerce is checking on some special taxes they put on products from other countries to see if they should keep them or not. They do this check every five years, and other people in the government are helping too.

  • Type:Notice
    Citation:90 FR 11040
    Reading Time:about 2 minutes

    In this document, the Department of Commerce's Enforcement and Compliance division of the International Trade Administration announces upcoming reviews, known as Sunset Reviews, for April 2025. These reviews aim to determine whether removing antidumping or countervailing duty orders would likely lead to dumping or subsidized imports causing harm to a U.S. industry. The document specifies procedures for interested parties to participate and stresses the importance of submitting comments and executive summaries within designated time frames. The notice is published for the benefit of the international trading community and is not mandated by law.

    Simple Explanation

    The document talks about checking whether stopping certain rules that stop unfairly priced stuff from outside the country would hurt businesses in the U.S. They remind everyone who wants to join in these discussions to share their thoughts on time.

  • Type:Notice
    Citation:89 FR 100974
    Reading Time:about 9 minutes

    The U.S. Department of Commerce has released preliminary findings indicating that producers and exporters of chlorinated isocyanurates from China received government subsidies during 2022. The review highlights that ten companies had no entries of these products in the U.S. during the review period and, as a result, the review of these companies has been partially rescinded. The Department of Commerce invites interested parties to comment on these preliminary results and to submit case briefs, with a final decision expected within 120 days. These results will determine the countervailing duties imposed to offset the subsidies.

    Simple Explanation

    The U.S. Department of Commerce thinks some companies in China got extra help from their government to make pool-cleaning products cheaper, and they're trying to figure out how much extra tax to charge on these products when they're sold in the U.S., but right now, they're still looking at the details and asking everyone what they think.