Former President Donald Trump, at a campaign rally over the weekend in Wisconsin, said he would impose a 100% tariff on goods from countries that "leave the dollar."
The Court of International Trade on Sept. 9 rejected importer Katana Racing's renewed motion to dismiss the govenrment's action against it seeking over $5.7 million in unpaid duties on passenger vehicle and light truck tires from China, after the U.S. Court of Appeals for the Federal Circuit reversed the trade court's previous dismissal of the case. In her first opinion since being confirmed to the court, Judge Lisa Wang said the U.S. didn't fail to properly identify the "person" liable for the violation, exhaust administrative remedies or bring the case on time (U.S. v. Katana Racing, CIT # 19-00125).
A survey of large American-headquartered multinationals -- 40% of which capture more than $1 billion in revenue from Chinese operations -- found as one of their top concerns the rising competitiveness of Chinese companies, whether from subsidization or business advances, or a combination of those factors.
The Commerce Department published notices in the Federal Register Sept. 6 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 Consumer Product Safety Commission announced the following voluntary recalls Sept. 5:
A bill that passed out of the House Ways and Means Committee that would make consumer tax credits for electric vehicles more restrictive is on the schedule for a vote next week.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Sept. 5, 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 ADCVD Search page.
The Department of Labor's Bureau of International Labor Affairs (ILAB) has 72 additions to its list of goods that could potentially be produced by forced labor or child labor, including a record 37 new goods that have not previously been identified as involving labor exploitation, ILAB said Sept. 5 in its latest edition of the List of Goods Produced by Child Labor or Forced Labor.
The Commerce Department published notices in the Federal Register Sept. 5 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 made preliminary affirmative antidumping duty determinations that imports of paper plates from China (A-570-164), Thailand (A-549-849) and Vietnam (A-552-839), are being sold in the U.S. at less than fair value. The agency will generally impose AD cash deposit requirements on entries of subject merchandise beginning on Sept. 5, 2024, though cash deposit requirements take effect retroactively for some Chinese, Thai and Vietnamese companies, beginning on June 7, 2024.