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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.

The U.S. Department of Commerce has completed its review of antidumping duties for certain corrosion-resistant steel products from South Korea, covering sales from July 1, 2022, to June 30, 2023. They found that Dongkuk Coated Metal Co., Ltd. sold these products in the U.S. at prices lower than normal value, leading to antidumping duties being assessed on these sales. In contrast, Hyundai Steel Company did not sell the products below their normal value during the same period. The Commerce Department will instruct U.S. Customs and Border Protection on how to apply these findings to import duties.