A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 21, 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.
Almost 20 trade groups and a handful of companies disagreed on how to ensure supply chain resilience -- many arguing that liberalizing trade with allies is crucial to reduce the likelihood of shortages, or weaponization, but others asserted that friendshoring will undermine domestic production already under stress.
The Commerce Department published notices in the Federal Register June 21 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 June 20:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 20, 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 Commerce Department has released the final results of the antidumping duty administrative review on alloy and certain carbon steel threaded rod from China (A-570-104). Commerce said it continued to find that the only company subject to the review, Ningbo Dongxin High-Strength Nut Co., Ltd., sold subject merchandise at less than fair value and made no changes to its preliminary assignment of a 35.1% dumping margin. Commerce will assess antidumping duties at this rate on subject merchandise from Ningbo Dongxin entered April 1, 2022, through March 31, 2023. A 35.1% AD cash deposit rate for Ningbo Dongxin takes effect June 21, the date these final results are to be published in the Federal Register.
A bipartisan bill has been introduced to prevent companies that receive Chips Act funding from purchasing tools and equipment made by Chinese firms. Some of the Chips Act funding is aimed at reshoring legacy chip production, and China makes equipment to make those less-sophisticated chips. Most advanced chipmaking machinery is made in the U.S., Japan or the Netherlands.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 18, 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.
Although the prospects for renewing the African Growth and Opportunity Act before its expiration next year look positive, the renewal still faces “headwinds” due to an unusually partisan atmosphere on Capitol Hill, Sen. Chris Coons, D-Del., said during a Wilson Center panel June 18.
The Commerce Department published notices in the Federal Register June 18 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):