Venable lawyers said no one knows whether President-elect Donald Trump will hike tariffs on China by 10 percentage points, by 60 percentage points, or bring current tariff levels to 60%. Nor does anyone know if the threat of 25% tariffs on Canadian and Mexican exports will become reality.
The International Trade Commission published notices in the Dec. 17 Federal Register on the following AD/CVD injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register Dec. 17 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department is amending the final results of its countervailing duty administrative review on certain aluminum foil from China (C-570-054), published Nov. 12, to correct a ministerial error that affected the duty rate calculations in those final results. The new rates will be used to set final assessments of CVD on importers for entries between Jan. 1 and Dec. 31, 2022.
The Commerce Department has published the final results of its countervailing duty administrative review on collated steel staples from China (C-570-113). The agency calculated new CVD cash deposit rates for the one Chinese producer and exporter listed below. These final results will be used to set final assessments of CVD on importers for entries during calendar year 2022.
The Commerce Department issued an antidumping duty order on truck and bus tires from Thailand (A-549-848). The order sets permanent antidumping duties, which will remain in place unless revoked by Commerce in a sunset or changed circumstances review. Commerce now will begin conducting annual administrative reviews, if requested, to determine final assessments of AD on importers and make changes to cash deposit rates.
The following lawsuits were filed at the Court of International Trade during the week of Dec. 9-15:
Congress has not yet finished the text of the government spending bill that needs to pass this week, but House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., said in the early afternoon that several trade provisions he had hoped would hitch a ride weren't included. He said his understanding was that the African Growth and Opportunity Act wouldn't be attached, nor would the Generalized System of Preferences benefits program.
Donald Trump's return to the White House brings a "lack of predictability," Baker McKenzie attorneys said during a webinar last week on how threatened tariffs could affect countries around the globe.
The Commerce Department has published the preliminary results of a countervailing duty administrative review on chlorinated isocyanurates from China (C-570-991). In the final results of this review, Commerce will set assessment rates for importers of subject merchandise from two of the three exporters under review that was entered Jan. 1, 2022, through Dec. 31, 2022.