The United States has updated its list of developing and least-developed countries pertaining to countervailing duty (CVD) law. The most notable change is that India has been removed from this list due to its share of global trade, one of the several factors considered in creating the list of developing countries. Prior to the change
Commerce Finds Dumping and Countervailable Subsidization of Imports of Carbon and Alloy Steel Threaded Rod from China and India
On February 10, 2020, the Department of Commerce (“Commerce”) announced its affirmative final determinations in the AD and CVD investigations of imports of carbon and alloy steel threaded rod from China and India. See the fact sheet for a summary of the final cash deposit rates and margins.
In the China AD investigation, Commerce calculated…
China to Reduce Tariffs on $75 Billion of U.S. Goods
China’s Ministry of Finance announced today that China will reduce tariffs by up to fifty percent on certain U.S. imports as the two countries move forward to implement “Phase One” of the trade deal signed on January 15, 2020. China’s tariff cuts will affect U.S. goods worth approximately $75 billion and will reduce duty rates…
Petition Summary: Certain Corrosion Inhibitors from the People’s Republic of China
On February 5, 2020, Petitioner Wincom Incorporated filed a petition for the imposition of antidumping and countervailing duties on imports of certain corrosion inhibitors from the People’s Republic of China.
SCOPE OF THE INVESTIGATION
The physical characteristics of the covered products, which define the scope, are as follows:
The merchandise covered by this petition is…
Commerce Modifies Countervailing Duty Regulations to Address Currency Undervaluation
The Commerce Department issued its final rule amending the countervailing duty regulations to address potential currency undervaluation. This revision to Commerce’s regulations will take effect in 60 days and will apply to all new investigations and administrative reviews that begin on or after April 6, 2020. The new rules would effectively clear the way for…
USTR Announces New Section 301 Product Exclusions
On January 31, 2020, the United States Trade Representative (“USTR”) issued another round of product exclusions pertaining to the 25% Section 301 List 3 Tariffs. The new list of exclusions includes 52 specifically crafted product descriptions that cover 117 separate exclusion requests. To view the full list of excluded products, click here. According to…
Opportunity to Request Administrative Review
On February 3, 2020, Commerce announced in the Federal Register the opportunity to request an annual administrative review for products that are currently subject to antidumping and countervailing duties. As part of this annual review process, Commerce intends to select respondents based on U.S. Customs and Border Patrol (CBP) data for U.S. imports during the…
January 2020 Trade Law Update
In Husch Blackwell’s January 2020 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law.
- President Trump Signs USMCA
- Expansion of Section 232 Steel and Aluminum tariffs to cover certain derivative articles
- U.S. and China Sign Phase One Trade Agreement
- U.S., EU, and Japan Trade Ministers Issue Joint
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President Trump Signs U.S.-Mexico-Canada Agreement (USMCA)
President Trump signed the implementing legislation for the USMCA yesterday, making the United States the second of the three countries, after Mexico last December, to sign the agreement. The USMCA will not take effect until 90 days after it is ratified by Canada. The Liberals currently operate a minority government, and while the Conservatives have…
Certain Firearms, Ammunition and Accessories To Undergo Export Regulation Update
On Thursday, January 23, 2020, the U.S. Department of State – Directorate of Defense Trade Controls (“DDTC”) and U.S. Commerce Department – Bureau of Industry and Security (“BIS”) published new coordinated final rules which will take effect on Monday, March 9, 2020. On that date, the DDTC rule will remove specifically identified firearms, ammunition, accessories…