Princeton University professor Aaron Friedberg, who serves on the U.S.-China Economic and Security Review Commission, says his recent Foreign Affairs essay on addressing Chinese exporting ambitions is an effort to put forward a vision of what "we want the global economy to actually look like," something he says has been missing in the piecemeal efforts of Section 301 tariffs, EU trade defenses and anti-coercion instruments and other reactions to Chinese nonmarket overcapacity.
China’s recently announced export restrictions on antimony (see 2408150022) are expected to cause supplies of the critical mineral to tighten and prices to rise sharply, the Center for Strategic and International Studies said Aug. 20.
The Commerce Department published notices in the Federal Register Aug. 22 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 said it is rescinding the administrative review of the antidumping duty order on refillable stainless steel kegs from China (A-570-093) for the period of review Dec. 1, 2022, through Nov. 30, 2023, because there were no reviewable, suspended entries of subject merchandise by either of the two companies -- Guangzhou Jingye Machinery Co., Ltd. and Guangzhou Ulix Industrial & Trading Co., Ltd. -- listed in the review initiation notice during the review period. Commerce will instruct CBP to assess antidumping duties on all appropriate entries, at rates equal to the cash deposit of estimated AD required at the time of entry, or withdrawal from warehouse, for consumption, it said.
The Commerce Department has released the preliminary results of its antidumping duty administrative review on xanthan gum from China (A-570-985). In the final results of this review, Commerce may set assessment rates for subject merchandise from the companies under review that was entered July 1, 2022, through June 30, 2023.
The Commerce Department has published the final results of its countervailing duty administrative review on passenger vehicle and light truck tires from China (C-570-017). The agency calculated new CVD cash deposit rates for the Chinese producers and exporters listed below. These final results, unchanged from the preliminary results, will be used to set final assessments of CV duties on importers for entries Jan. 1, 2022, through Dec. 31, 2022.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Aug. 21, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
Shawn Harwood, a former DHS official who worked on the implementation of the Uyghur Forced Labor Prevention Act, has joined Squire Patton as an international trade investigations specialist, he announced this week on LinkedIn. Harwood left DHS in 2023 and most recently worked as an adviser on forced labor remediation and supply chain due diligence with consulting firm LRQA.
The Center for Strategic and International Studies "Trade Guys" said that while there is some pressure on Congress to get the Generalized Systems of Preferences benefits program renewed, and restrict de minimis, competing pressures make it unlikely bills will become law this year.
The International Trade Commission published notices in the Aug. 21 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):