President Donald Trump's directive in his proclamation expanding Section 232 steel tariffs to assess penalties for the misclassification of entries resulting in non-payment of the duties without regard for "evidence of mitigating factors" may run afoul of existing customs laws, trade lawyers said. Even if the directive stays within the bounds of the current statutory scheme, expect more prior disclosures and proactive steps to ensure the proper customs treatment of steel entries, the lawyers added.
The U.S. will consider a revival of Section 301 investigations on digital services taxes in several countries, as well as potential tariffs to counter “trade and regulatory practices” in those and other countries that “discriminate against” or “disproportionally affect” U.S. companies, under a memo signed by President Donald Trump Feb. 21.
The International Trade Commission published notices in the Feb. 20 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register Feb. 20 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department began administrative reviews for certain firms subject to antidumping and countervailing duty orders with January anniversary dates, it said in a notice.
The Commerce Department has published the final results of the antidumping duty administrative review on carbon and alloy steel cut-to-length plate from South Korea (A-580-887). Commerce continued its preliminary results, finding that POSCO didn't make sales of subject merchandise at less than fair value, and kept in the final results the zero percent AD rate it had preliminarily assigned to the POSCO single entity, which includes its affiliated companies -- POSCO International Corporation, POSCO MS, and certain distributors and service centers (i.e., Taechang Steel Co., Ltd. and Winsteel Co., Ltd.) -- the only company under review.
The Commerce Department has published the final results of the countervailing duty administrative review on certain oil country tubular goods (OCTG) from South Korea (C-580-913). These final results will be used to set final assessments of CVD on importers for subject merchandise entered .Sept. 29, 2022, through Dec. 31, 2022.
President Donald Trump, in a meandering speech at an investors conference in Miami Feb. 19, said he'd be announcing "tariffs on cars and semiconductors and chips and pharmaceuticals, drugs, and pharmaceuticals, and lumber, probably, and some other things, over the next month, or sooner -- and it'll have a big impact in America."
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Feb. 19, 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.
CBP issued the following releases on commercial trade and related matters: