China Collated Staples Hit with Anti Dumping, Petitions Under Review
Monday Morning Wake Up Call – July 20, 2020
Commerce Department Finalizes Duties Up To 122% On Chinese Staples
The U.S. Department of Commerce has readied duties as high as 122% for Chinese companies selling industrial staples after finding that the producers were selling them at unfairly low prices.
https://finance.yahoo.com/news/itc-votes-unanimously-support-domestic-192500531.html
New Anti Dumping / Countervailing Duty Petition: Twist Ties from China
On June 26, 2020, Bedford Industries Inc. (Petitioner) filed antidumping (AD) and countervailing duty (CVD) petitions against Twist Ties from China.
Yes – twist ties – the thin bendable ties used to close garbage bags, bundle broccoli and other vegetables, and tie up all sorts of other stuff. The petition does not publicly disclose the volume or value of the U.S. market for twist ties, but it’s gotta be small. It probably rivals other cases such as Metal Calendar Slides from Japan and Commodity Matchbooks from India for the smallest industries to seek the U.S. government’s help for protection from import competition.
New Anti Dumping / Countervailing Duty Petition – Metal Lockers from China
On July 9, 2020, List Industries Inc., Lyon LLC, Penco Products Inc., and Tennsco LLC (Petitioners) filed antidumping (AD) and countervailing duty (CVD) petitions against Certain Metal Lockers and parts thereof from China.
The subject metal lockers are typically used for storage in schools, fitness centers, athletic facilities, warehouses, transportation hubs, retail businesses, and other commercial and industrial establishments.
To Read More: https://www.chinalawblog.com/2020/07/new-ad-cvd-petition-metal-lockers-from-china.html
USITC Looks at Cambodian Rice Trade Benefit
The Commerce Ministry and Cambodia Rice Federation (CRF) had an urgent meeting about the USA Rice Federation to The United States International Trade Commission (USITC) on the eliminating a trade benefit on rice imported to US including from Cambodia.
To Read More: https://www.khmertimeskh.com/50745290/crisis-talks-on-threat-to-rice-imports/ and https://www.phnompenhpost.com/business/farmers-not-hurt-exports-us
To see other items under review by the U.S. International Trade Commission:
Please contact us at info@tradelogicintl.com if you have any questions.
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Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec. 31st. Importers who currently enjoy these exclusions on their pr