Multiple countries said they're still assessing the impact of the new U.S. tariffs that took effect Aug. 1 (see 2507310081), although some that agreed to deals, including the EU and South Korea, said they now have more stability for their industries.
The International Trade Commission published notices in the Aug. 1 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 Aug. 1 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 released the preliminary results of its antidumping duty administrative review on carbon and alloy steel wire rod from South Korea (A-580-891), calculating a 0.51% AD rate for POSCO and its affiliated company POSCO International Corporation. If the agency's finding is continued in the final results, importers of subject merchandise from POSCO entered between May 1, 2023, and April 30, 2024, will be assessed AD at importer-specific rates.
The Commerce Department released the final results of the antidumping duty administrative review on carbon and certain alloy steel wire rod from Mexico (A-201-830). These final results will be used to set final assessments of AD on importers for subject merchandise from companies under review entered October 2022 through September 2023.
On July 31, the FDA posted new and revised versions of the following Import Alerts on the detention without physical examination of:
On the first day of higher tariffs for dozens of countries, prominent Democratic members of the House Ways and Means Committee attacked the policy, while the Republican chairman put a positive spin on soft employment numbers. The Senate minority leader used his daily floor speech to tie the tariffs to broader economic woes, while Republican leadership focused on Democrats' obstructions to prompt confirmation votes for presidential nominees.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website July 31, 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 on July 31 provided guidance on new tariffs on Canadian imports, which were raised from 25% to 35% Aug. 1 (see 2507310082).
A recent CBP ruling grapples with the issue of whether a sale between a contract manufacturer and a non-resident importer would be considered as a bona fide sale for export to the U.S., and if so, whether the sale may be used for appraisement purposes under transaction value.