Trade Cases
Update on Trade Suits
Written by Sandy Williams
August 9, 2016
We thought now would be a good time to revisit each of the antidumping and countervailing duty trade suits to report exactly where each one stands at this time. We are reaching the point where most will be through the entire process with the last step being the ITC (International Trade Commission) final determination. As we have seen, there can be changes as we move through the process and the importer of record is the one on the hook for any changes in duties/cash deposits.
There have been some surprises as we saw late last week with the hot rolled final determination by the U.S. Department of Commerce. Korean steelmaker POSCO was hit with punitive duties because the DOC could not confirm some of the answers to the Commerce questionnaire.
If you have any questions we recommend attending our 6th Steel Summit Conference as Lewis Leibowitz will be addressing the gathering on Monday, August 29th at 3:30 PM. Details about the conference can be found on our website: www.SteelMarketUpdate.com.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
Price: What’s next for the IEEPA tariffs?
International trade attorneys discuss court decisions this week that left many importers, manufacturers, and even casual observers wondering: What’s next?
Trump tariffs face battle as court rejects legality
The “on again, off again” Trump tariff train continues to chug along, with several important court rulings this week.
Commerce ups Vietnam’s dumping margins in coated trade case
Coated sheet imports from Vietnam face steeper anti-dumping duties after Commerce recalculated the rates due to ministerial errors.
EU secures tariff deferral in trade talks with US
The European Union is fast-tracking trade negotiations with the US in the hope of avoiding the 50% tariffs threatened by President Trump.
Washington considers stake in U.S. Steel as part of Nippon deal: Report
The US government could acquire a stake in U.S. Steel as part of Nippon Steel’s $14-billion deal for the Pittsburgh-based steelmaker, according to various media reports. The Trump administration sees Washington, D.C., acquiring a “golden share” as part of the deal, according to an article in Kyodo News on Tuesday. This would give the US […]