CIT Upholds Commerce's Decision Not to Collapse 2 CORE Exporters in AD Investigation
The Court of International Trade sustained the Commerce Department's decision not to collapse exporter Prosperity Tieh Enterprise Co. with the already-collapsed entity of Yieh Phui Enterprise Co. and Synn Industrial Co. as part of the antidumping duty investigation into corrosion…
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resistant steel (CORE) products from Taiwan. After the U.S. Court of Appeals for the Federal Circuit reversed the trade court's opinion upholding the collapsing decision, Judge Timothy Stanceu said Commerce properly weighed the evidence to find the evidence was insufficient to show a significant potential for manipulation between Prosperity and Yieh Phui. The decision was made despite members of the same family owning both companies. The result was a 11.04% margin for Prosperity and a de minimis 1.20% margin for the Yieh Phui/Synn entity.