Commerce Secretary Howard Lutnick said that details in writing on the South Korean and Japanese trade deals will come in "kind of weeks."
Treasury Secretary Scott Bessent defended the plan to impose higher tariffs on India over its Russian oil purchases, but not on China, arguing that India's purchase patterns shifted sharply after the invasion of Ukraine.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Aug. 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.
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
The Forced Labor Enforcement Task Force will be scrutinizing five additional sectors for forced labor violations: caustic soda, copper, jujubes, lithium and steel, according to an Aug. 19 DHS report.
The Commerce Department published notices in the Federal Register Aug. 18 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 issued its final determination in its countervailing duty investigation on sol gel alumina-based ceramic abrasive grains from China (C-570-191), finding countervailable subsidization of producers and exporters. The notice takes effect Aug. 15, but CVD cash deposit rates are unchanged in this final determination.
The Commerce Department issued its final determination in its antidumping duty investigation of sol gel alumina-based ceramic abrasive grains from China (A-570-190). The notice takes effect Aug. 15, but AD cash deposit rates are unchanged in this final determination.
New antidumping and countervailing duties take effect, retroactive to Dec. 18, 2024, for importers of seamless oil country tubular goods from Thailand, the Commerce Department said in its preliminary determination in an anti-circumvention inquiry.