President Donald Trump got the phone call with Chinese President Xi Jinping he'd been seeking, and Trump wrote on social media that "there should no longer be any questions respecting the complexity of Rare Earth products."
Entry problems are relatively widespread among foreign-trade zones, and aren't exclusively happening in the automotive industry, said Jenae Ciecko, CEO of Copper Hill, a software provider that recently launched an FTZ offering (see 2505200075).
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 4, 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.
CBP has released its June 4 Customs Bulletin (Vol. 59, No. 23). While it contains no ruling notices, it includes five Court of International Trade slip opinions.
Commerce Secretary Howard Lutnick, after receiving critiques over 10% tariffs on bananas and tariffs on Asian food imports from House Appropriations Committee members, said that countries that sell "unavailable natural resources" like bananas, cocoa, coffee and spices will be allowed to export those goods duty-free, as long as they don't have barriers to U.S. agricultural exports.
The International Trade Commission published notices in the June 4 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register June 4 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department has published the preliminary results of its antidumping duty administrative review on sodium nitrite from India (A-533-906). The agency preliminarily calculated a zero percent AD rate for the one company under review, Deepak Nitrite Limited. If the agency's finding is continued in the final results, importers of subject merchandise from Deepak entered Aug. 17, 2022, through Jan. 31, 2024, will not be assessed AD, and future entries from the company won't be subject to an AD cash deposit requirement until further notice. Any changes to the rate for Deepak would take effect on the date of publication in the Federal Register of the final results of this review, which are due in October.
The Commerce Department has published the preliminary results of its antidumping duty administrative review on stainless steel plate in coils from Belgium (A-423-808). The agency preliminarily calculated a zero percent AD rate for the only company under review, Aperam Stainless Belgium NV. If the agency's finding is continued in the final results, importers of subject merchandise from Aperam entered May 1, 2023, through April 30, 2024, won't be assessed AD. Any changes to rates for Aperam would take effect on the date of publication in the Federal Register of the final results of this review, due in October.
The Commerce Department has released the final results of the antidumping duty administrative review on stainless steel flanges from India (A-533-877). These final results will be used to set final assessments of AD duties on importers for subject merchandise from 13 companies under review entered Oct. 1, 2022, through Sept. 30, 2023.