The Commerce Department issued the final results of its countervailing duty administrative review on oil country tubular goods from China (C-570-944). The agency made changes to the CV duty rates for both companies under review. These rates are effective Aug. 14, and will be implemented by CBP soon.
A federal judge granted a preliminary injunction against a recently passed New Jersey law, which would hold online platforms and ISPs liable for content their users post, according to a release (http://bit.ly/16bebaC) from the Electronic Frontier Foundation (EFF), which argued against the law in court on behalf of the Internet Archive. District Judge Dennis Cavanaugh in Newark found that a law aimed at curbing child sex trafficking -- including via the Internet -- creates liability for online platforms and ISPs, contradicting protections established by Section 230 of the Communications Decency Act (CDA), EFF Senior Staff Attorney Matt Zimmerman told us. The court hasn’t yet issued a written report.
A federal judge granted a preliminary injunction against a recently passed New Jersey law, which would hold online platforms and ISPs liable for content their users post, according to a release (http://bit.ly/16bebaC) from the Electronic Frontier Foundation (EFF), which argued against the law in court on behalf of the Internet Archive. District Judge Dennis Cavanaugh in Newark found that a law aimed at curbing child sex trafficking -- including via the Internet -- creates liability for online platforms and ISPs, contradicting protections established by Section 230 of the Communications Decency Act (CDA), EFF Senior Staff Attorney Matt Zimmerman told us. The court hasn’t yet issued a written report.
The Commerce Department issued the preliminary results of its countervailing duty administrative review on pasta from Italy (C-475-819). The agency found de minimis preliminary CV duty rates for Delverde and Valdigrano. If these findings are continued in the final results, entries of subject merchandise produced and exported by these two companies will not be liable for CV duties, and future entries will not be subject to CV duty cash deposits until further notice. These CV rates are not in effect. Commerce may modify them in the final results of this review and change the estimated CV cash deposit rates for these companies.
The Commerce Department is beginning antidumping duty investigations on ferrosilicon from Russia and Venezuela, it said in an Aug. 9 fact sheet. A group of domestic producers and labor unions requested the investigation July 19, alleging low-priced Russian and Venezuelan ferrosilicon is causing falling market prices, a drop in domestic sales revenue, and a decline in employment (see 13072624). They allege dumping margins of 21.85 to 60.78 percent for Russian exporters, and 20.07 to 60.11 percent for Venezuelan exporters, the fact sheet said.
The antidumping and countervailing duty investigations on steel threaded rod from India and Thailand are set to continue, after the International Trade Commission unanimously voted Aug. 9 that there is a “reasonable indication” that allegedly dumped and illegally subsidized imports of the product are injuring U.S. industry. The Commerce Department had started the investigations in June based on a petition from three domestic manufacturers (see 13072327). Commerce is currently scheduled to make its preliminary countervailing duty determination for India in September, and its preliminary antidumping duty determinations for India and Thailand in December.
The Commerce Department published notices in the Aug. 9 Federal Register 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):
DTS delayed its Q2 earnings call and 10-Q filing, citing unresolved accounting issues over royalty recoveries associated with its buy of SRS Labs last year. The resolution of the matter “may result in additional revenue” or an adjustment to the balance sheet, the company said. Preliminary Q2 financial results showed a loss of $2 million, versus a loss of $755,000 in Q2 2012, DTS said. Revenue jumped 25 percent to $27.2 million, largely on “strong performance” in the company’s network-connected business, said CEO Jon Kirchner. “Due to the complexity and ambiguity of certain rules surrounding accounting for business combinations, we are still working to finalize the accounting for this royalty recovery matter,” Kirchner said. DTS will hold its Q2 conference call “as soon as the matter is finalized,” Kirchner said.
The Commerce Department issued the preliminary results of its antidumping duty administrative review on purified carboxymethylcellulose from the Netherlands (A-421-811). The agency calculated a preliminary AD rate for Azko Nobel, and said CP Kelco had no exports of subject merchandise to the U.S. during the period of review. If Commerce's no shipments finding for CP Kelco is continued in the final results, subject merchandise from that company will continue to enter at AD rates set in previous reviews. These preliminary results are not in effect. Commerce may modify them in the final results of this review and change the estimated AD cash deposit rates for these companies.
The Commerce Department issued the preliminary results of its antidumping duty administrative review on polyethylene terephthalate film, sheet and strip from Taiwan (A-583-837). The only remaining company under review is Shinkong Synthetic Fibers Corporation and its subsidiary Shinkong Materials. These preliminary results are not in effect. Commerce may modify them in the final results of this review and change the estimated AD cash deposit rate for these companies.