The International Trade Administration has issued the final results of the administrative review of the antidumping duty order on certain corrosion-resistant carbon steel flat products from Korea (A-580-816) which sets AD cash deposit rates for eight manufacturer/exporters, and revokes the order with respect to Pohang Iron & Steel Co., Ltd. and Pohang Coated Steel Co., Ltd.1 These rates, which are effective March 12, 2012, are expected to be implemented by U.S. Customs and Border Protection soon.
The International Trade Administration has issued the preliminary results of its administrative review of the antidumping duty order on certain frozen warmwater shrimp from Vietnam (A-552-802) for 34 companies and the Vietnam-wide entity (unchanged since last review). These preliminary results are not in effect. The ITA may modify them in the final results of this review and change the estimated AD cash deposit rate for these companies.
On March 5, 2012, Mexico released its decision to initiate an antidumping investigation of imports of children's bicycles originating in China as the Secretariat has determined that there is evidence of unfair practices in these imported products. Among the factors which led to this determination include the fact that during the period of review (January 1, 2008 to June 30, 2011), imports from China (i) were made with a dumping margin above de minimis and recorded an increasing trend in absolute terms and in relation to the domestic market; (ii) were offered at prices significantly below those of the domestic industry, posting an average margin of undercutting of 88%, (iii) had adverse effects on the industry, particularly in the volume of production, domestic sales, employment levels, prices, and inventories.
U.S. Customs and Border Protection has announced that the ACE Rail Manifest Implementation Guidelines have been updated to include the changes needed for Instruments of International Traffic (IIT) residue reporting.
The International Trade Administration has issued the preliminary results of its administrative review of the antidumping duty order on certain frozen warmwater shrimp from India (A-533-840) for two manufacturer/exporters. The ITA has also preliminarily determined a margin for 172 companies that were not individually examined, and preliminarily determined that nine companies had no reviewable transactions during the period of review.1 These preliminary results are not in effect. The ITA may modify them in the final results of this review and change the estimated AD cash deposit rate for these companies.
The International Trade Administration has issued the final results of the administrative review of the countervailing duty order on corrosion-resistant carbon steel flat products (CORE) from Korea (C-580-818) for one company. The final results set the CV cash deposit rate for Hyundai HYSCO Ltd. at zero percent, the de minimis rate. This rate, which is effective March 5, 2012, is expected to be implemented by U.S. Customs and Border Protection soon.
The International Trade Administration has issued the preliminary results of its administrative review of the antidumping duty order on certain frozen warmwater shrimp from China (A-570-893) for two exporters and the China-wide rate, which is unchanged since the last review. The ITA has also preliminarily determined to revoke the order with respect to Hilltop International. These preliminary results are not yet in effect, may change in the final results, and could affect the estimated AD cash deposit rates for these companies.
The U.S. Chamber of Commerce, together with more than 30 trade associations and business groups, sent a letter to the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) on DOJ’s expected guidance on enforcement under the Foreign Corrupt Practices Act. The letter calls for DOJ to address key definitions under the statute, corporate compliance programs in enforcement decisions, and parent-subsidiary and successor liability, and to establish an exception for de minimis gifts, among other considerations.
U.S. Customs and Border Protection has posted a February 3, 2012 version of its frequently asked questions document on containers considered to be instruments of international traffic (e.g. reusable containers) that are imported into the U.S. with residual chemicals, cargo, goods, etc. The new version extensively revises and reorganizes its information on the upcoming requirement that residue in IIT be manifested, classified, and entered, with detailed specifics on (1) what carriers and importers of record will be responsible for, and (2) the procedures for manifesting and entering IIT with residual cargo, among other changes.
The International Trade Administration has issued the final results of an administrative review of the countervailing duty on certain pasta from Italy (C-475-819). The final results set CV cash deposit rates for four producer/exporters. These rates, which are effective February 10, 2012, are expected to be implemented by U.S. Customs and Border Protection soon.