China Freight Rail Couplers: Commerce Issues CV Duty Final Determination
The Commerce Department issued its final determination in the countervailing duty investigation on freight rail coupler systems from China (C-570-144). Changes to cash deposit rates set in this final determination take effect May 20, the date this final determination was published in the Federal Register.
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The next step is for the International Trade Commission to make its final injury determination, currently scheduled for June 30, according to a Commerce fact sheet. If the ITC finds injury, Commerce will issue a CV duty order and duties will be made permanent. If the ITC finds no injury, the investigation will be terminated and all cash deposits will be refunded.
Commerce is also conducting a concurrent antidumping duty investigation on freight rail coupler systems from China (A-570-143). The agency issued its preliminary determination March 15, setting AD duty cash deposit rates at 147.11% for all Chinese exporters (see 2203140027).
Estimated CV Cash Deposit Rates
Commerce will instruct CBP to continue to suspend liquidation for CV duty purposes and to collect cash deposits for subject merchandise entered on or after March 7, the date it published its preliminary CV duty determination, and set cash deposit rates as follows beginning May 20:
| Company | CV Rate |
|---|---|
| Chongqing Tongyao Transportation Equipment Co. | 265.99% |
| CRRC Corp. Ltd. | 265.99% |
| CRRC Qiqihar Co., Ltd. | 265.99% |
| China Railway Materials Group Co., Ltd. | 265.99% |
| Shaanxi Haiduo Railway Technology Development Co., Ltd. | 265.99% |
| All Others | 265.99% |
(The period of investigation is 01/01/20 - 12/31/20. See Commerce’s notice for more information, including the scope of the investigation, detailed instructions on cash deposit rates, etc. See 2203040018 for a summary of the preliminary determination in this investigation.)