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ITA Proposed Rule Available on Eliminating AD/CV Bond Option

The International Trade Administration has issued a proposed rule to modify its antidumping and countervailing duty regulations under 19 CFR Part 351 which allow bonds to be posted under an AD or CV duty investigation until a final affirmative injury…

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determination is issued by the International Trade Commission. The modification, if adopted, would normally require that a cash deposit, not a bond, be required until the ITC’s injury determination is issued. Comments are due May 26, 2011. See future issue of ITT for detailed BP summary.