Treasury Secretary Janet Yellen, during a Q&A with Reuters, said that China has acknowledged that its manufacturing overcapacity is a problem, but she said observers shouldn't expect a quick fix.
The Court of International Trade on April 24 sustained CBP's finding on remand that importer Columbia Aluminum Products didn't evade the antidumping and countervailing duty orders on aluminum extrusions from China. But Judge Timothy Stanceu rejected Columbia's claim that CBP needed to immediately terminate the interim measures issued under the Enforce and Protect Act after reversing its original evasion finding.
CBP has released its April 24 Customs Bulletin (Vol. 58, No. 16), which includes the following ruling actions:
In the April 24 Customs Bulletin (Vol. 58, No. 16), CBP published a proposal to revoke ruling letters concerning wireless headphone sets from China, Mexico and an undisclosed country.
A career staffer in the Office of the U.S. Trade Representative whose portfolio includes the auto industry told an audience of auto industry supply chain professionals that it's likely the U.S. will be talking with Mexico about the increased foreign direct investment from Chinese companies manufacturing auto parts or, potentially, assembling vehicles, in Mexico.
A group of U.S. solar panel producers is seeking new antidumping and countervailing duty orders on crystalline silicon photovoltaic cells and modules from the same four Southeast Asian countries that Commerce recently found were circumventing AD/CVD on solar cells from China (see 2308180044).
Lord Peter Mandelson, a former trade commissioner for the EU, told an audience at the U.S. Chamber of Commerce that while trade policymakers were once naive on China, precluding competition from China is also not the best course of action for Europe's economy.
A U.S. manufacturer seeks the imposition of new antidumping and countervailing duties on alkyl phosphate esters from China, it said in petitions filed last week with the Commerce Department and the International Trade Commission. Commerce will now decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders on alkyl phosphate esters, used among other things as a fire retardant in foams and plastics, and the assessment of AD/CVD on importers. The investigations were requested by ICL-IP America.
The Commerce Department published notices in the Federal Register April 22 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):
A domestic producer coalition filed a petitions April 19 with the Commerce Department and the International Trade Commission requesting new antidumping and countervailing duties on ceramic tile from India. Commerce will now decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders and the assessment of AD and CVD on importers.