The International Trade Administration issued the final results of the antidumping duty administrative review of polyester staple fiber from China (A-570-905). One of the two reviewed companies, Far Eastern, did not cooperate in the review and was assigned the China-wide rate. The new rate is effective Jan. 11, and will be implemented by CBP soon.
Dish Network’s bid for Clearwire could appear favorable to the FCC in the commission’s effort to place more wireless competitors in the market, said satellite, broadband and wireless industry attorneys and executives. The DBS company offered to buy at least 25 percent of Clearwire’s stock at $3.30 per share. Dish’s proposal could be affected by the FCC’s ongoing proceeding to evaluate spectrum holdings, some attorneys said.
Dish Network’s bid for Clearwire could appear favorable to the FCC in the commission’s effort to place more wireless competitors in the market, said satellite, broadband and wireless industry attorneys and executives. The DBS company offered to buy at least 25 percent of Clearwire’s stock at $3.30 per share. Dish’s proposal could be affected by the FCC’s ongoing proceeding to evaluate spectrum holdings, some attorneys said.
The International Trade Administration published notices in the Jan. 9 Federal Register on the following AD/CV 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 International Trade Administration issued the preliminary results of its antidumping duty administrative review magnesium metal from China (A-570-896). The only reviewed company, Tianjin Magnesium International Co., did not have any reviewable transactions during the period of review, but the ITA said it will not rescind this review for that company until the final results. These preliminary results are not in effect. The ITA may modify them in the final results of this review and change the estimated AD cash deposit rates for these company.
The International Trade Administration issued the preliminary results of its antidumping duty administrative review of hand trucks and certain parts thereof from China (A-570-891). The only reviewed company, New-Tec Integration (Xiamen) Co., was preliminarily assigned an AD rate of 9.48 percent. The ITA said it intends to rescind this review with respect to two companies1 in the final results. These preliminary results are not in effect. The ITA may modify them in the final results of this review and change the estimated AD cash deposit rates for these company.
The International Trade Administration made a preliminary affirmative antidumping determination that xanthan gum from Austria (A-433-811) is being sold in the U.S. at less than fair value. The ITA found a preliminary AD rate of 17.18 percent, which is effective Jan. 10. CBP is expected to implement these AD cash deposit/bond requirements soon. Pursuant to the ITA's October 2011 final rule, no bond will be accepted in lieu of a cash deposit.
The International Trade Administration made a preliminary affirmative antidumping determination that xanthan gum from China (A-570-985) is being sold in the U.S. at less than fair value. The ITA found preliminary AD rates of 21.69 to 154.07 percent, which are effective Jan. 10. CBP is expected to implement these AD cash deposit/bond requirements soon. Pursuant to the ITA's October 2011 final rule, no bond will be accepted in lieu of a cash deposit.
Government/industry cooperation and communications is the key to efficiently manage strategic cross-border issues in a way that reduces the cost of doing business, according to a document on Draft Master Principles for a One U.S. Government at the Border Cooperation, drafted by the COAC One U.S. Government at the Border Subcommittee.
The FCC should reconsider its decision to approve without prior public notice a transaction that gave Sprint Nextel majority control of Clearwire, Clearwire investor Crest Financial said Friday in a filing. Sprint had bought Clearwire stock owned by Eagle River Investment in November, which gave it 50.45 percent ownership of Clearwire. Crest owns about 8 percent of Clearwire. “Sprint portrayed the Eagle River transaction to the Commission staff as a pro forma matter for which public notice and review above the staff level were unnecessary,” counsel for Crest Financial said in the petition. “Far from being a non-substantial matter, the Eagle River transaction gave Sprint both de jure and de facto control over Clearwire. Therefore, the public should have been given notice and afforded the opportunity to comment upon it.” The transaction was also a preliminary step in Sprint’s more recent bid to acquire full ownership of Clearwire, Crest’s counsel said (http://xrl.us/bn9s9b). Sprint reached a deal Dec. 17 to buy the remaining 49 percent of Clearwire for $2.2 billion (CD Dec 18 p7). The filing, released Monday, followed Crest’s announcement Friday that it plans to ask the FCC to block Sprint’s Clearwire purchase and a separate deal that gave Japanese telecom company SoftBank 70 percent ownership of Sprint. Both deals would undermine the value of Clearwire’s spectrum and could lower the value of spectrum the government plans to auction in the future, Crest said. The comment deadline on both deals is Jan. 28, the FCC said. Crest also filed a lawsuit in December in the Delaware Court of Chancery to stop the SoftBank deal, Reuters reported.