Sen. Bill Cassidy, R-La. believes that a way to preserve the economic benefits of chemical plants and also fight climate change is to impose a carbon border adjustment tax on certain goods.

Trade Law Daily is providing readers with the top stories from last week in case you missed them. All articles can be found by searching on the title or by clicking on the hyperlinked reference number.

Sen. Bill Cassidy, R-La. believes that a way to preserve the economic benefits of chemical plants and also fight climate change is to impose a carbon border adjustment tax on certain goods.

The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:

The Court of International Trade in a Sept. 2 opinion upheld parts and sent back parts of the Commerce Department's final determination in the countervailing duty investigation on phosphate fertilizers from Russia. In a case contested by respondents PhosAgro Cherepovets and EuroChem and petitioners LLC Industrial Group Phosphorite and The Mosaic Co., Judge Jane Restani found that Commerce erred in adjusting the natural gas benchmark price by adding the relevant 20% VAT and 5% import duty and misapplying its methodology in calculating EuroChem's total sales by relying on a number given by EuroChem that included sales from eight producers and input suppliers to export trading company EuroChem Trading Rus. The judge also sent back Commerce's cut-off date for measuring subsidies in the Russian economy.

The Court of International Trade in a Sept. 2 opinion sent back parts and upheld parts of the Commerce Department's final determination in the countervailing duty investigation of phosphate fertilizers from Russia. Judge Jane Restani found that Commerce erred in adjusting the natural gas benchmark price by adding the relevant 20% VAT and 5% import duty and misapplying its methodology in calculating EuroChem's total sales by relying on a number given by EuroChem which included sales from eight producers and input suppliers to export trading company EuroChem Trading Rus. The judge also sent back Commerce's cut-off date for measuring subsidies in the Russian economy.

The U.S. is stepping up efforts to boost liquefied natural gas exports to Europe as the Russia-Ukraine war drags on, Jose Fernandez, a senior State Department official, said during a Senate Foreign Relations Committee hearing this week. He said he recently met with several European countries that are asking to buy more U.S. LNG.

The EU this week adopted new sanctions and export controls against Russia in an effort to tighten existing restrictions against the country for its war in Ukraine. The package imposes new bans on the purchase, import or transfer of gold originating in Russia and restricts more exports of dual-use technologies. The measures also extend the EU’s port access ban to better limit Russia’s ability to evade sanctions and expand the scope of restrictions surrounding certain deposits.

A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website July 15, 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 ADD CVD Search page.

There is growing and “ample market opportunity” for certain U.S. agricultural exporters in Kenya, the USDA Foreign Agricultural Service said in a July 13 report, particularly for feed ingredients and processed products. USDA said Kenya is suffering from domestic supply issues due to high fertilizer prices, small rain-fed fields and low productivity, but its growing population and urbanization will lead to higher demand for imported goods.