Government/Policy
January 5, 2021
Leibowitz on Trade: “Not Completely Bereft of Logic”
Written by Lewis Leibowitz
Eyes often glaze over when trade lawyers talk about the intricacies of antidumping law to what lawyers sometimes patronizingly call “laymen.” With a clear understanding of that risk, today’s piece dives into a recent decision by the Court of International Trade dealing with the Commerce Department’s treatment of Section 232 duties on steel in antidumping cases that should be of considerable interest to U.S. importers and traders of steel and aluminum, and of other products that may be subject to “national security” duties.
About half of antidumping duty orders are imposed on steel products. The duties are assessed on the difference between the “normal value” of covered product and the U.S. price paid for the goods (this is very much oversimplified to focus the reader on today’s issue).
