The European Commission imposed antidumping duties Oct. 20 on steel track shoes from China, the Directorate-General for Trade and Economic Security announced. The AD rate is 62.5% and is imposed following the imposition of provisional duties, which have been collected since April 22. Steel track shoes are used as parts for tracked equipment that's used in the construction and mining sectors.
A World Trade Organization dispute panel on Oct. 2 found that the EU violated its WTO commitments in its antidumping and countervailing duty proceedings on stainless steel cold-rolled flat products from Indonesia. Specifically, the dispute panel rejected the European Commission's attempt to countervail Chinese transnational subsidies in the Indonesian steel sector.
The EU will appeal a World Trade Organization panel report in Indonesia's case against the EU's countervailing duties on Indonesian biodiesel to the defunct Appellate Body, the EU reported at the Sept. 26 meeting of the Dispute Settlement Body. The appeal effectively ends the dispute, since there's no Appellate Body division that will be able to hear the case due to vacancies on the Appellate Body.
The European Commission on Sept. 26 imposed antidumping duties on hot-rolled flat products of iron, and non-alloy or other-alloy steel from Egypt, Japan and Vietnam. The duties will apply for five years at rates of 11.7% for Egypt, 6.9% to 30% for Japan, and 12.1% for Vietnam. The duties that were provisionally imposed since April 7, 2024, "will not be collected retroactively," the commission said. In the AD investigation, goods from India also were also investigated, but the probe was "terminated without the imposition of duties, because it was not established that Indian imports were dumped."
The European Commission on Sept. 23 imposed antidumping duties on glyoxylic acid from China. The duties, which range from 29.2% to 124.9%, follow an investigation that found that glyoxylic acid from China is harming the EU industry. Glyoxylic acid is primarily used in the "pharmaceutical, food, fertiliser and cosmetics industries," the commission said.
Beijing’s directive this week that banned its top technology companies from buying certain Nvidia chips could be aimed at boosting its leverage amid trade negotiations with the U.S., technology policy analysts said. But they also said the U.S. shouldn’t assume the ban is just a negotiating tactic, arguing that it may signal that China is doubling down on efforts to reduce its dependence on advanced U.S. chips and other technologies.
The Office of Foreign Assets Control this week sanctioned a network of people and companies that it said are helping Iran move money, sell oil and evade international sanctions. The designations target financial facilitators in Iran, as well as more than a dozen people and companies based in Hong Kong and the United Arab Emirates.
Beijing is investigating whether U.S. chip policies -- including export controls, tariffs and other trade restrictions -- are discriminating against China’s semiconductor sector by suppressing its firms from developing advanced technologies. China also launched an antidumping investigation on imports of certain U.S. analog chips.
China is imposing preliminary antidumping duties on imported pork from the EU more than a year after launching its investigation, the Ministry of Commerce announced Sept. 5, according to an unofficial translation (see 2406180009 and 2506160005). China assigned duties ranging from 15.6% to 32.7% to a list of specific companies, and all other firms will face a 62.4% duty. The new AD rates take effect Sept. 10. The investigation and resulting preliminary duties are viewed as retaliation against EU countervailing duties on Chinese electric vehicles (see 2406120008).
China last week extended its antidumping duty investigation on imported rapeseed from Canada "in view of the complexity of this case," the country's Ministry of Commerce said, according to an unofficial translation. The ministry opened the probe last year and had hoped to complete it by September, but it's now extending the investigation through March 9.