The Commerce Department issued its final determinations in the antidumping duty investigations on oil country tubular goods from Argentina (A-357-824), Mexico (A-201-856) and Russia (A-821-833). Cash deposit rates set in this final determination take effect Sept. 29, when the notice is scheduled for publication in the Federal Register.
The Court of International Trade in a pair of administrative orders extended both the preliminary injunction enjoining liquidation of unliquidated entries subject to the massive Section 301 litigation and the order telling the U.S. to refund duties should the Section 301 plaintiffs be successful in unassigned Section 301 challenges. In July 2021, the court temporarily suspended liquidation of the subject imports. Judge Mark Barnett extended this order via an administrative order to unassigned Section 301 cases.
Consumer intentions on buying new TV sets plunged in September from August, according to preliminary Conference Board data released Tuesday. Analytics company Toluna canvassed 5,000 U.S. homes through Sept. 20, finding 10.4% plan to buy a new TV in the next six months, said the board. That’s down from 11% in August, 10.9% in July and 10.9% in September 2021, it said. Consumer confidence improved for the second straight month in September, “supported in particular by jobs, wages, and declining gas prices,” said the board: “The improvement in confidence may bode well for consumer spending in the final months of 2022, but inflation and interest-rate hikes remain strong headwinds to growth in the short term.”
The Biden administration and TikTok drafted a “preliminary” agreement to resolve national security concerns raised by ByteDance, the app’s Chinese owner, but face “hurdles” before the agreement can be finalized, The New York Times reported Sept. 26. Under the draft deal, which will need to be approved by the Committee on Foreign Investment in the U.S., TikTok would restructure its “data security and governance” but would not be required to divest itself from ByteDance, the report said. Multiple agencies are skeptical the agreement will sufficiently address the U.S.’s national security concerns, the report said, which “could force changes to the terms and drag out a final resolution for months.”
The Commerce Department properly hit antidumping respondent Shanxi Pioneer Hardware Industrial with total adverse facts available for its failure to report all of its factors of production data on a control number (CONNUM)-specific basis, the U.S. Court of Appeals for the Federal Circuit held in a Sept. 23 opinion. Judges Kimberly Moore, Pauline Newman and Kara Stoll ruled that the CONNUM-specific reporting requirement is an interpretive rule and not a legislative one requiring a notice-and-comment period, and found Pioneer failed to cooperate to the best of its ability by not maintaining adequate records and not developing a proper reporting methodology.
The Commerce Department published notices in the Federal Register Sept. 23 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):
The Commerce Department and the International Trade Commission published the following Federal Register notices Sept. 23 on AD/CVD proceedings:
Florida asked the U.S. Supreme Court to reverse an 11th U.S. Circuit Court of Appeals decision that a state law’s social moderation limits are likely unconstitutional. The state filed a petition for certiorari Wednesday. Tech associations that challenged the Florida law supported SCOTUS review. Since the 5th Circuit upheld a Texas social media law last week, legal observers expect the Supreme Court to hear a case on the constitutionality of state social media laws to resolve the circuit split (see 2209200008).
Florida asked the U.S. Supreme Court to reverse an 11th U.S. Circuit Court of Appeals decision that a state law’s social moderation limits are likely unconstitutional. The state filed a petition for certiorari Wednesday. Tech associations that challenged the Florida law supported SCOTUS review. Since the 5th Circuit upheld a Texas social media law last week, legal observers expect the Supreme Court to hear a case on the constitutionality of state social media laws to resolve the circuit split (see 2209200008).
Xperi hopes to capitalize on consumer streaming subscription fatigue, said Geir Skaaden, chief products and services officer, on the company’s Tuesday virtual Investor Day. The event outlined how Xperi and licensing company Adeia plan to go forward following their planned spinoff, due to happen Oct. 1 (see 2209080029).