The Commerce Department is amending its preliminary determination in the antidumping duty investigation on carbon and alloy steel wire rod from Spain (A-469-816). The agency is decreasing AD duty cash deposit rates in effect for some Spanish exporters, in a correction to a "significant ministerial error" in its Oct. 31 preliminary determination (see 1710300025). Effective Dec. 7, AD duty cash deposit rates for exporters are as follows:
Russia export controls and sanctions
The use of export controls and sanctions on Russia has surged since the country's invasion of Crimea in 2014, and especially its invasion of Ukraine in in February 2022. Similar export controls and sanctions have been imposed by U.S. allies, including the EU, U.K. and Japan. The following is a listing of recent articles in Export Compliance Daily on export controls and sanctions imposed on Russia:
The International Trade Commission published notices in the Dec. 7 Federal Register on the following AD/CV injury, Section 337 patent and other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department issued its final determinations in the antidumping duty investigations on carbon and alloy steel wire rod from Belarus (A-822-806), Russia (A-821-824) and the United Arab Emirates (A-520-808).
The Commerce Department is amending its preliminary determination in the antidumping duty investigation on carbon and alloy steel wire rod from South Korea (A-580-891). The agency is sharply increasing AD duty cash deposit rates in effect for South Korean exporters, in a correction to a "significant ministerial error" in its Oct. 31 preliminary determination (see 1711060029). Effective Nov. 28, AD duty cash deposit rates for South Korean exporters are as follows:
The Commerce Department announced its final determinations in the antidumping duty investigations on carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates, in a Nov. 21 fact sheet. The agency set AD rates at 280.02% for all Belarusian exporters, 436.8% to 756.93% for Russian exporters and 84.1% for all UAE exporters, all unchanged from Commerce's September preliminary determination (see 1709110016). The next step is the International Trade Commission’s final injury determination, currently scheduled for Jan. 5, 2018. If the ITC finds injury, Commerce will make duties permanent by issuing AD duty orders.
The U.S. is willing to negotiate bilateral trade agreements on the basis of fairness and reciprocity with “any country” in the Asia-Pacific Economic Cooperation (APEC) group region, President Donald Trump told other nations’ leaders during the 25th annual APEC Economic Leaders’ Meeting on Nov. 11 in Da Nang, Vietnam, according to a White House fact sheet. Trump's remarks come after trade ministers from the now 11 Trans-Pacific Partnership (TPP-11) member states on Nov. 9 and 10, in Da Nang, Vietnam, reached an agreement to implement the deal without the U.S., which withdrew in January (see 1701300020).
Russian sanctions enacted through legislation signed into law Aug. 2 will take effect starting Jan. 29, said the Office of Foreign Assets Control in guidance released Oct. 31. According to the guidance, the U.S. government will ban the export or re-export of goods or technology in support of exploration or production for deep-water, Arctic offshore or shale projects that have the potential to produce oil in any location, and in which any Russian subject to Executive Order 13662 of March 20, 2014, has either a 33 percent or greater ownership interest or ownership of a majority of the voting interests. Prohibitions that remain imposed include those implemented Sept. 12, 2014, on the export and re-export of goods or technology in support of exploration or production for deep-water, Arctic offshore or shale projects that have the potential to produce oil in Russia, or in Russia-claimed maritime area and extending from its territory, and that involve any Russian person subject to any associated directive, or their property or property interests, the guidance says.
The Commerce Department made preliminary affirmative antidumping duty determinations that imports of carbon and alloy steel wire rod from Italy (A-475-836), Spain (A-469-816), South Korea (A-580-891), South Africa (A-791-823), the United Kingdom (A-412-826), Turkey (A-489-831) and Ukraine (A-823-816) are being sold in the U.S. at less than fair value. The agency will generally impose AD duty cash requirements on entries of subject merchandise beginning on Oct. 31, though cash deposit requirements take effect retroactively for South Africa, the UK and some Spanish companies beginning on Aug. 2.
The World Trade Organization recently posted the following notices:
In recent editions of the Official Journal of the European Union the following trade-related notices were posted: