Although Sen. John Cornyn, R-Texas, happily described a trade preferences hearing as a "pro-trade love fest," comments from the panel's top Republican and its chair revealed why the Generalized System of Preferences benefits program, which has broad support, has spent years stalled in Congress.
The Commerce Department published notices in the Federal Register June 4 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department on June 4 published its quarterly list of (i) completed antidumping and countervailing duty scope rulings and (ii) anti-circumvention determinations. The following list covers completed scope rulings for the period Oct. 1, 2023, through Dec. 31, 2023:
The Commerce Department has released the preliminary results of its antidumping duty administrative review on carbon and alloy steel wire rod from South Korea (A-580-891), calculating a 1.03% AD rate for POSCO and its affiliated company POSCO International Corporation. If the agency's finding is continued in the final results, importers of subject merchandise from POSCO entered between May 1, 2022, and April 30, 2023, will be assessed AD duties at importer-specific rates.
The Commerce Department on June 3 published the preliminary results of its antidumping duty administrative review on mattresses from Indonesia (A-560-836). In the final results of this review, Commerce will set assessment rates for subject merchandise from the 32 companies remaining under review entered May 1, 2022, through April 30, 2023.
Polyoxymethylene, a thermoplastic, will be on the list of imported chemicals and substances subject to superfund excise taxes, according to a determination from the Internal Revenue Service published May 31 in the Federal Register.
The following lawsuits were filed at the Court of International Trade during the week of May 27 - June 2:
U.S. importer Water Pik will avoid Section 301 duties on its electromechanical oral hygiene devices from China after arguing that CBP should have classified them under a different Harmonized Tariff Schedule subheading (Water Pik v. United States, CIT # 23-00083).
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website June 3, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
Two models of upholstered wood chairs manufactured by Indianapolis-area furniture maker University Loft Co. qualify to be part of the U.S. government’s "Buy American" procurement program even though some of the chairs’ components were imported from China, CBP ruled recently.