Judges at the U.S. Court of Appeals for the Federal Circuit on Aug. 5 heard oral argument in a case on the Commerce Department's finding in the countervailing duty investigation on Russian phosphate fertilizers that the Russian government's provision of natural gas was a de facto specific subsidy. Judges Sharon Prost, Jimmie Reyna and Raymond Chen pressed counsel for exporter Industrial Group Phosphorite and the U.S. government on whether the agency properly found that the agrochemical industry is the "predominant user of natural gas" in Russia (The Mosaic Company v. U.S., Fed. Cir. # 24-1593).
President Donald Trump this week accused India of buying large amounts of Russian oil and selling it for profit, adding that he plans to significantly raise U.S. tariffs against the country.
President Donald Trump, in a social media post, said he intends to substantially hike tariffs on Indian products due to their purchases of Russian oil.
The White House said in a fact sheet that Japan will immediately expand import quotas on rice, allowing for 75% more U.S. rice sales to that country's buyers.
The Court of International Trade on July 3 denied the International Trade Commission's request to redact five pieces of information from the court's public version of its decision remanding the commission's affirmative injury determination on phosphate fertilizer from Morocco and Russia. Concurrently, Judge Stephen Vaden released the public decision, which said the record "raises serious questions about whether domestic producers were able and willing to supply consumers during the period of review."
The Commerce Department on June 30 reversed its finding that the Moroccan government's tax fine and penalty reduction program is de facto specific, slightly lowering respondent OCP's countervailing duty rate. Commerce said in light of the Court of International Trade's decision rejecting its de facto specificity analysis, it's finding, under respectful protest, that the program isn't de facto specific (The Mosaic Co. v. United States, CIT Consol. # 23-00246).
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 13, 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.
The Council of the EU on June 12 imposed tariffs on agricultural products and fertilizers from Russia and Belarus that weren't subject to the additional customs duties thus far imposed on related products. The council said the goal is to "reduce EU dependence on those imports" and "reduce Russian export revenues" in a bid to limit Russia's ability to fund its war against Ukraine.
The Council of the EU on June 12 imposed tariffs on agricultural products and fertilizers from Russia and Belarus that weren't subject to the additional customs duties thus far imposed on related products. The council said the goal is to "reduce EU dependence on those imports" and "reduce Russian export revenues" in a bid to limit Russia's ability to fund its war against Ukraine.