The Commerce Department looks set to recognize a name change for a Indonesian company for the purposes of antidumping duties on monosodium glutamate from Indonesia (A-560-826). The agency preliminarily found PT. Daesang Ingredients Indonesia to be the successor-in-interest to PT. Miwon Indonesia, in the preliminary results of a changed circumstances review. The agency preliminarily found PT. Daesang continues to operate as the same business entity other than the change in name. If Commerce confirms its finding in the final results, PT. Daesang may inherit the AD duty rate assigned to PT. Miwon, currently 1.6%.
The Commerce Department on July 1 issued a proposed rule to implement the 24-month grace period announced by presidential proclamation in June (see 2206060014) for imports potentially subject to antidumping and countervailing duties on solar cells from Cambodia, Malaysia, Thailand and Vietnam. As announced in the proclamation, the proposal would exempt solar cells subject to the inquiries from AD/CV duties until June 6, 2024.
A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website July 1, 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 ADD CVD Search page.
A listing of recent Commerce Department antidumping and countervailing duty messages posted to CBP's website June 30, 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 ADD CVD Search page.
The Commerce Department on July 1 issued a proposed rule to implement the 24-month grace period announced by presidential proclamation in June (see 2206060014) for imports potentially subject to antidumping and countervailing duties on solar cells from Cambodia, Malaysia, Thailand and Vietnam. As announced in the proclamation, the proposal would exempt solar cells subject to the inquiries from AD/CV duties until June 6, 2024.
The Commerce Department issued the final results of the antidumping duty administrative review on multilayered wood flooring from China (A-570-970). These final results will be used to set final assessments of AD duties on importers for subject merchandise entered Dec. 1, 2019, through Nov. 30, 2020.
The Commerce Department issued the final results of its countervailing duty administrative review on truck and bus tires from China (C-570-041). The agency calculated new CV duty cash deposit rates for the Chinese producers and exporters listed below. These final results will be used to set final assessments of CV duties on importers for entries Jan. 1, 2020, through Dec. 31, 2020.
Consumer intentions on buying new TV sets declined sharply in June, compared with May, according to preliminary Conference Board data released Tuesday. Analytics company Toluna canvassed 5,000 U.S. homes for the board through June 22, finding 10.2% plan to buy a new TV set in the next six months, down from 11.4% in May, 11.3% in April and 11.6% in June 2021. Consumer confidence fell for the second straight month in June, and the board’s “expectations index” -- a measure of consumers’ short-term outlook for income, business and labor market conditions -- fell to its lowest value in nearly a decade, said the board: “Consumers’ grimmer outlook was driven by increasing concerns about inflation, in particular rising gas and food prices.” The numbers suggest weaker growth in the second half of 2022, plus a “growing risk of recession by year-end,” it said.
The Commerce Department published notices in the Federal Register June 28 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 issued its final determination in the countervailing duty investigation on sodium nitrite from Russia (C-821-837). Changes to cash deposit rates set in this final determination take effect June 28, the date this final determination was published in the Federal Register.