Spain Ripe Olives: Commerce Amends CV Duty 'All Others' Cash Deposit Rate
The Commerce Department is amending the "all-others" rate for exporters of ripe olives from Spain (C-469-818), implementing a World Trade Organization ruling against the agency's final determination in the original countervailing duty investigation (see 2112210054), it said. As a result of its recalculation, the "all-others" CVD cash deposit rate will fall slightly to 11.08% (from 14.97%). Commerce also amended rates for other companies, but those companies have since been assigned superseding cash deposit rates. The Section 129 determination doesn't affect assessments. The new "all-others" rate will apply to subject merchandise entered on or after Jan. 12, 2023.
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John Clarke, director of international affairs at the European Commission’s Directorate General for Agriculture, told the EU Parliament on Jan. 9 that the U.S. response to the WTO ruling was protectionism, and said payments to olive farmers are not countervailable because they are not specific to the sector -- all farmers can get direct payments. He added that the EU may have to call for a WTO compliance panel.
"We hope that this case will not become a big irritant in our current relationship with the USA," he said.