China Roller Bearings: Commerce Intends to Again Exempt SGBC From AD Duties
Shanghai General Bearing Co. looks set to keep its exemption from antidumping duties on tapered roller bearings from China (A-570-601), following a merger with SKF in 2012. In the preliminary results of a changed circumstances review (here), the Commerce Department found the post-merger SGBC continues to operate as the same entity, and is the “successor-in-interest” to the pre-merger SGBC for AD duty purposes. SGBC was exempted from the AD duty order in 1997, so a successor finding in the final results means the post-merger SGBC will once again be exempt. The final results of this review are due Jan. 31.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
(Federal Register 11/21/14)