The Commerce Department issued notices in the Federal Register on its recently initiated antidumping duty investigations on epoxy resins from China, India, South Korea, Taiwan and Thailand (A-570-166, A-533-926, A-580-919, A-583-876, A-549-850), as well as its countervailing duty investigations on epoxy resins from China, India, South Korea and Taiwan (C-570-167, C-533-927, C-580-920, C-583-877). The CVD investigations cover entries for the calendar year 2023. The AD investigations on India, South Korea, Taiwan and Thailand cover entries April 1, 2023, through March 31, 2024, and the AD investigation on China covers entries Oct. 1, 2023, through March 31, 2024.
Customs Duty
A Customs Duty is a tariff or tax which a country imposes on goods when they are transported across international borders. Customs Duties are used to protect countries' economies, residents, jobs, and environments, by limiting the flow of imported merchandise, especially restricted and prohibited goods, into the country. The Customs Duty Rate is a percentage determined by the value of the article purchased in the foreign country and not based on quality, size, or weight.
The Commerce Department issued a notice in the Federal Register on its recently initiated antidumping and countervailing duty investigations on ferrosilicon from Brazil (A-351-860/C-351-861), Kazakhstan (A-834-812/C-834/813), Malaysia (A-557-828/C-557-829) and Russia (A-821-838/C-821-839). The CVD investigations and the AD investigations on Brazil, Kazakhstan and Malaysia cover entries for the calendar year 2023. The AD investigation on Russia covers entries made July 1, 2023, through Dec. 31, 2023.
A U.S. manufacturer seeks the imposition of new antidumping and countervailing duties on alkyl phosphate esters from China, it said in petitions filed last week with the Commerce Department and the International Trade Commission. Commerce will now decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders on alkyl phosphate esters, used among other things as a fire retardant in foams and plastics, and the assessment of AD/CVD on importers. The investigations were requested by ICL-IP America.
A domestic producer coalition filed a petitions April 19 with the Commerce Department and the International Trade Commission requesting new antidumping and countervailing duties on ceramic tile from India. Commerce will now decide whether to begin AD/CVD investigations, which could result in the imposition of permanent AD/CVD orders and the assessment of AD and CVD on importers.
The Canada Border Services Agency will delay its next deployment of its Customs Assessment and Revenue Management system until October, the agency said last week. CBSA had been scheduled to launch the automated duty collection system on May 13, but will now only do so internally, pushing back the release of the trade-facing aspects of CARM.
CBP issued the following releases on commercial trade and related matters:
The Commerce Department has issued a Federal Register notice on its recently initiated antidumping duty investigations on dioctyl terephthalate from Malaysia (A-557-827), Poland (A-455-808), Taiwan (A-583-875) and Turkey (A-489-852) (see 2404170073). The agency will determine whether imports of DOTP are being sold in the U.S. at less than fair value. The investigations cover entries during the period Jan. 1, 2023, through Dec. 31, 2023.
The House Ways and Means Committee is set on April 17 to consider several just-introduced trade bills, including a retroactive extension of the Generalized System of Preferences benefits program, new restrictions on de minimis and restrictions on electric vehicle tax credits.
The following lawsuits were filed at the Court of International Trade during the week of April 8-14:
A new bill from the Senate Foreign Relations Committee's top Republican and a Democratic member would renew the African Growth and Opportunity Act trade preference program for 16 years, offer more flexibility on country eligibility reviews, and soften the high-income graduation rules.