The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
On May 11, 2004, the Senate passed S. 1637, the Jumpstart Our Business Strength (JOBS) Act by a vote of 92 yeas to 5 nays. According to Congressional sources, S. 1637 would amend the Internal Revenue Code of 1986 to comply with the World Trade Organization (WTO) rulings on the Foreign Sales Corporation/Extraterritorial Income Tax (FSC/ETI) benefit. (See ITT's Online Archives or 03/01/04 news, 04030105, for BP summary on the EU's imposition of additional duties on selected U.S. products due to its dispute with the U.S. over the FSC/ETI tax regime.)(Congressional Record dated 05/11/04, http://thomas.loc.gov/r108/r108d11my4.html.
The International Trade Administration (ITA) has published in the Federal Register the North American Free Trade Agreement (NAFTA) binational panel's decision, issued April 19, 2004, in its review of the final results of the affirmative antidumping (AD) and countervailing (CV) threat of injury re-determination on remand made by the International Trade Commission (ITC) with respect to certain softwood lumber products from Canada (Secretariat File No. USA-CDA-2002-1904-07).
According to two U.S. Customs and Border Protection (CBP) Electronic Bulletin Board (CEBB) notices, on April 19, 2004, the International Trade Commission (ITC) notified the International Trade Administration (ITA) of its final negative injury determination in the antidumping (AD) duty investigations of wax and wax/resin thermal transfer ribbon (TTR) from France and Japan.
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
The Journal of Commerce reports that the U.S. may have to drop 27% duties on Canadian lumber shipments after a NAFTA binational panel ruled that the U.S. International Trade Commission's finding that tariffs are needed because Canadian imports push down prices "is not supported by substantial evidence." According to the article, the U.S. has 21 days to redo its figures or end the duties. (JoC dated 04/30/04, www.joc.com.)
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
The Committee for the Implementation of Textile Agreements (CITA) has issued a notice requesting public comments by May 10, 2004 regarding a petition it received on behalf of Narroflex Inc.:
The Office of the U.S. Trade Representative (USTR) has issued two notices on behalf of the Trade Policy Staff Committee (TPSC) which announce that the USTR and the Department of Labor (DOL) are initiating a review of the impacts of the proposed U.S.-Thailand and U.S.-Panama Free Trade Agreements (FTAs) on U.S. employment, including labor markets.
U.S. government sources state that the International Trade Commission (ITC) has decided to delay the posting of a revised 2004 electronic Harmonized Tariff Schedule of the U.S. (HTS Revision 1).