The U.S. Department of Commerce has amended the final results of the countervailing duty review for aluminum foil from China for 2022, correcting a mistake in the calculations for Jiangsu Zhongji Lamination Materials Co.'s subsidy rate. This change affects the rates for other companies not specifically selected, as theirs is an average rate based on mandatory respondents. Moreover, steps to assess duties and update cash deposit requirements for these duties are outlined. The department highlights compliance with procedural rules and corrects ministerial errors as defined under U.S. trade laws.
Simple Explanation
The U.S. Department of Commerce found a mistake in calculating the extra charges for aluminum foil from China, so they fixed it to ensure fair trade rules are followed. This change also affects other companies, as they will now pay the correct rates based on this adjustment.