Argentina Biodiesel: Commerce to Consider AD/CV Rate Changes in Changed Circumstances Review
The Commerce Department is beginning a changed circumstances review to determine whether changes to Argentina's export tax regime should affect antidumping and countervailing duty rates on biodiesel from Argentina (A-357-820/C-357-821). Argentine exporters say a convergence of export tax rates for soybeans and export tax rates for biodiesel in effect eliminates a subsidy and market situation that caused Commerce to set high CV and AD rates, respectively, in its original AD/CV duty investigations.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Though rate changes are normally considered in administrative reviews, Argentine exporters say the high rates set in the investigations mean there have been no shipments of Argentine biodiesel in recent years that would allow for an administrative review. Commerce agreed, in the face of opposition from U.S. biodiesel producers. “Under Commerce’s normal administrative review procedures, we otherwise would not have an opportunity to review the substantial changes that the [government of Argentina] has made to its export tax regime, which formed the basis for certain of our findings in the AD Final Determination and CVD Final Determination.”
In the review, Commerce will “assess the impacts of the [government of Argentina’s] revised export tax regime” on Commerce’s AD/CV final determinations. The final results of the changed circumstances review are due in August 2019.
(Federal Register 11/13/18)