(a) Hang Lung and Bee Lian have preliminary de minimis rates of 0.12% (Hang Lung) and 0.14% (Bee Lian). As a result, liquidation is not suspended for these companies nor are cash deposits or the posting of a bond required for AD purposes.
The Federal Maritime Commission (FMC) has announced that it is reopening until February 23, 2004, the comment periods on three petitions that were filed with the FMC requesting to be exemptor partially exempt from certain provisions of Section 9 of the Shipping Act of 1984 (46 USC app. 1708) (Controlled Carrier Act), which would enable the petitioners to reduce tariff rates immediately, rather than be subject to the thirty-day waiting period prescribed by the Controlled Carrier Act1.
In Candle Corporation of America (CCA) and Blyth, Inc. v. International Trade Commission (ITC) et al., the Court of International Trade (CIT) determined that a domestic producer that failed to support the antidumping (AD) petition on petroleum wax candles from China is not eligible to collect offset distributions under the Continued Dumping and Subsidy Offset Act of 2000 (Byrd Amendment).
On December 22, 2003, Senate Finance Committee Chairman Chuck Grassley and Ranking Member Max Baucus sent a letter expressing concerns about the ability of the Office of Foreign Assets Control to cut off terrorist financing.
According to The Journal of Commerce, the submission to the Coast Guard of vessel and facility security plans by December 31, 2003 was only the first step as the crucial deadline is July 1, 2004, when vessels and shoreside facilities must have their security plans in operation. The article states that the Coast Guard plans to review the port security plans during the January-March 2003 time frame and by July 1, 2004, port facilities have to be operating in compliance. After that time, the Coast Guard will make unscheduled facility visits to make sure the plans are in operation. (JoC dated 01/12-18/04, www.joc.com.)
The Committee for the Implementation of Textile Agreements (CITA) has issued a notice requesting public comments by February 10, 2004 regarding a "commercial availability" request it received under the African Growth and Opportunity Act (AGOA), the U.S.-Caribbean Basin Trade Partnership Act (CBTPA), and the Andean Trade Promotion and Drug Eradication Act (ATPDEA) from Warren Corporation:
According to the State Department, effective January 15, 2004, its Directorate of Defense Trade Controls (DDTC), through the use of the D-Trade electronic licensing system, is prepared to receive and adjudicate fully electronic defense export authorization requests properly submitted by any U.S. person who is a defense trade registrant and wishes to permanently export unclassified defense articles via the Form DSP-5 or furnish defense services via Technical Assistance Agreements (TAAs).
In St. Eve International, Inc. v. U.S., the Court of International Trade (CIT) ruled in favor of the importer, finding that three entries of shelf bra camisoles were properly classified under HTS 6109.10.0037 (2002) as women's or girls' underwear (Cat 352).
U.S. Customs and Border Protection (CBP) has issued a press release stating that Fiscal Year (FY) 2003 was a record-breaking year for the volume of trade entering through U.S. seaports and borders. According to CBP, it collected nearly $1 billion more in revenue for the federal government in FY 2003 than in FY 2002.
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.