Customs duties

Auxin Solar Requests Extension of Safeguard Relief on Certain Imported Solar Cells and Modules

Retrieved on: 
Monday, August 2, 2021
Customs duties, Articles, Energy, Economy, Tariff-rate quota, Tariff, Solar panel, Solar cell, Suniva

The safeguard relief was initially established in 2018 to strengthen America's solar industry and to address the serious injury caused by surging imports.

Key Points: 
  • The safeguard relief was initially established in 2018 to strengthen America's solar industry and to address the serious injury caused by surging imports.
  • We believe the Commission should recommend extending the safeguard remedy for another four years to strengthen the domestic solar industry.
  • Based on the ITC's findings, the President imposed tariffs on imported CSPV modules and a tariff-rate quota on imported solar cells.
  • Auxin, a manufacturer of solar modules based in California, participated in the original safeguard investigation and the mid-term monitoring review.

Global Duty Free Market (2021 to 2025) - Size, Trends & Forecast with Impact Analysis of COVID-19

Retrieved on: 
Tuesday, July 20, 2021
Customs duties, Borders, Duty-free shop, Tax avoidance, Marketplace, Cosmetics, Trade, Economy, Political geography

DUBLIN, July 20, 2021 /PRNewswire/ -- The "Global Duty Free Market: Size, Trends & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • 2.2 Duty Free Sales Model: Overview
    3.1 Global Duty Free Market: An Analysis
    3.1.2 Global Duty Free Market by Products (Fragrances & Cosmetics; Wines & Sprits; Fashion & Accessories; Electronics, Goods & Others; Watches, Jewelry & Fine Writing; Confectionery & Fine Food And Electronics, Gifts & Others)
    3.1.3 Global Duty Free Market by Distribution channels (Airports, Airlines, Ferries and Other Shops & Sales)
    3.1.4 Global Duty Free Market by Region (Asia Pacific, Europe, North America, Middle East and Africa)
    3.2 Global Duty Free Market: Product Analysis
    4.1 Asia Pacific Duty Free Market: An Analysis
    4.1.2 Asia Pacific Duty Free Market by Region (China, Korea and Rest of Asia Pacific)
    4.2 Europe Duty Free Market: An Analysis
    4.3 North America Duty Free: An Analysis
    4.4 Middle East Duty Free Market: An Analysis
    4.5 Africa Duty Free Market: An Analysis

CF Industries Holdings, Inc. Announces Petitions Seeking Remedies for Unfairly Traded Imports of UAN from Russia and Trinidad and Tobago

Retrieved on: 
Wednesday, June 30, 2021
Chemicals, Plastics, Other Energy, Manufacturing, Agriculture, Natural Resources, Energy, Other Manufacturing, Customs duties, Commercial policy, Countervailing duties, Import, Dumping, International trade, Policy, Articles

CF Industries, which is the largest producer of UAN in the United States, requested the investigations due to the harm the domestic UAN industry has experienced from dumped and unfairly subsidized UAN imports from Russia and Trinidad.

Key Points: 
  • CF Industries, which is the largest producer of UAN in the United States, requested the investigations due to the harm the domestic UAN industry has experienced from dumped and unfairly subsidized UAN imports from Russia and Trinidad.
  • CF Industries filed its petitions under United States antidumping and countervailing duty laws, which authorize Commerce to level the playing field for domestic industries injured by foreign imports that are dumped and unfairly subsidized.
  • If Commerce and the ITC make affirmative determinations, then Commerce can impose duties equal to the level of dumping and unfair subsidies.
  • At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably.

Current USTR Tariffs Give Chinese Manufacturers a Competitive Advantage Over USA Suppliers and Manufacturers, Crippling US Goods and Growth Recovery

Retrieved on: 
Tuesday, June 22, 2021
Customs duties, International taxation, Tariff, Economy, Articles, World, Economic history of the United States

One of Downlite's key raw materials was on the government '4A'list that designates the added tariffs, while Chinese-imported finished goods were on another list called 4B.

Key Points: 
  • One of Downlite's key raw materials was on the government '4A'list that designates the added tariffs, while Chinese-imported finished goods were on another list called 4B.
  • "This unexpected consequence continues to giveChina-made finished goods a clear cost advantage over USA manufactured products, putting Chinese factories to work while hurting American workers.
  • Downlite has been working diligently with the current administration and the USTR to reinstate the previously approved exclusions.
  • Please write the USTR at [email protected] orthe Senate and the House to express support to have the tariff exclusion process restarted.

U.S. Department of Commerce Imposes Final Duties on All Silicon Metal Imports From Malaysia, US Producers Report

Retrieved on: 
Thursday, June 17, 2021
Chemistry, Physical sciences, Natural sciences, Customs duties, Commercial policy, Countervailing duties, Import, Dumping, E-commerce, Silicon, Trade, Canada–United States softwood lumber dispute

WASHINGTON, June 17, 2021 /PRNewswire/ --Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) ("GSM"), and Mississippi Silicon LLC ("MS"), together representing the majority of American silicon metal production, today reported that the U.S. Department of Commerce ("Commerce") will impose final duties of 12.27% on all silicon metal imports from Malaysia.

Key Points: 
  • WASHINGTON, June 17, 2021 /PRNewswire/ --Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) ("GSM"), and Mississippi Silicon LLC ("MS"), together representing the majority of American silicon metal production, today reported that the U.S. Department of Commerce ("Commerce") will impose final duties of 12.27% on all silicon metal imports from Malaysia.
  • On April 19, 2021, Commerce issued final antidumping and countervailing duty orders imposing duties as high as 160% on all imports of silicon metal of Bosnia and Herzegovina, Iceland , and Kazakhstan .
  • "Massive subsidies and other unfair trade practices have deeply hurt U.S. producers and workers over time.
  • "We appreciate the diligent efforts by the Commerce Department to enforce America's trade laws and give all players a chance to compete fairly."

Expert: Tariff warfare against China is futile

Retrieved on: 
Saturday, June 12, 2021
Economy, Customs duties, Inflation, Moody's Investors Service, Tariff, World economy, Articles

"But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."

Key Points: 
  • "But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."
  • The US trade deficit with China has increased, and US companies are bearing the brunt of elevated tariffs on Chinese goods, Tu said, citing a recent report by rating agency Moody's Investors Service.
  • This also resulted in higher inflation and fewer jobs, he added.
  • "China overtook the US as the world's top destination for foreign direct investment flows last year, which showed that attempts to force supply chain activities out of China are in vain," Tu said.

Expert: Tariff warfare against China is futile

Retrieved on: 
Saturday, June 12, 2021
Economy, Customs duties, Inflation, Moody's Investors Service, Tariff, World economy, Articles

"But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."

Key Points: 
  • "But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."
  • The US trade deficit with China has increased, and US companies are bearing the brunt of elevated tariffs on Chinese goods, Tu said, citing a recent report by rating agency Moody's Investors Service.
  • This also resulted in higher inflation and fewer jobs, he added.
  • "China overtook the US as the world's top destination for foreign direct investment flows last year, which showed that attempts to force supply chain activities out of China are in vain," Tu said.

U.S. CUSTOMS FINDS EVASION OF ANTIDUMPING/COUNTERVAILING DUTIES ON QUARTZ SURFACE PRODUCTS FROM CHINA THROUGH FALSE CLAIMS OF “CRUSHED GLASS”

Retrieved on: 
Tuesday, May 25, 2021
Customs duties, Customs services, CVD, Cambria, Customs, International relations

In April 2018, Cambria initiated a petition before the Department of Commerce and the United States International Trade Commission alleging unfair trading of quartz surface products from China.

Key Points: 
  • In April 2018, Cambria initiated a petition before the Department of Commerce and the United States International Trade Commission alleging unfair trading of quartz surface products from China.
  • Cambrias successful petition resulted in U.S. Customs levying duties of up to 500% to halt the import of unfairly traded Chinese quartz into the U.S. marketplace.
  • By making these false claims, unscrupulous importers are able to continue to import Chinese merchandise without paying the applicable AD/CVD duties.
  • Making false claims that imports are crushed glass surfaces is one way that importers evade the AD/CVD duties.

GlobalPost Launches New HS Code Lookup Tool to Help Customers Avoid Customs Delays and Eliminate Overpayment of Taxes

Retrieved on: 
Tuesday, April 20, 2021
Professional services, Online Retail, Retail, Technology, Small business, Software, Customs duties, Commercial policy, Harmonized System, International relations, Customs, World Customs Organization, Tax, Organizations

These codes help products get through customs faster and help avoid possible overpayment of duties and taxes.\nHow does the GlobalPost HS code lookup tool work?\nGlobalPost customers simply type in the product name and confirm characteristics.

Key Points: 
  • These codes help products get through customs faster and help avoid possible overpayment of duties and taxes.\nHow does the GlobalPost HS code lookup tool work?\nGlobalPost customers simply type in the product name and confirm characteristics.
  • The tool will automatically generate the approved HS code for that product using the World Customs Organization schedule.
  • For high-volume SmartSaver customers, GlobalPost will populate HS Codes for up to 500 products free of charge.\nExperience a faster, smoother customs clearance process: Incorrect or missing HS Codes can lead to potential delays in customs.
  • \xe2\x80\x9cHS codes help to eliminate delays with Customs, avoid unnecessary fees and taxes and get the package into the buyer's hands without delay.

International Trade Commission Makes Affirmative Final Determination in Trade Case on Chassis and Subassemblies from China, Wiley Reports

Retrieved on: 
Tuesday, April 13, 2021
Transport, Customs duties, Freight transport, Countervailing duties, Import, Container chassis, Navistar International, Chassis

b'WASHINGTON, April 13, 2021 /PRNewswire/ -- In a victory for U.S. intermodal container chassis producers, the U.S. International Trade Commission today made an affirmative final determination in the countervailing duty investigation on chassis and subassemblies from China.

Key Points: 
  • b'WASHINGTON, April 13, 2021 /PRNewswire/ -- In a victory for U.S. intermodal container chassis producers, the U.S. International Trade Commission today made an affirmative final determination in the countervailing duty investigation on chassis and subassemblies from China.
  • "This is a significant victory for U.S. chassis producers and the hundreds of people displaced from U.S. chassis manufacturing jobs who have suffered significant injury as a result of unfairly traded imports from China.
  • The Commission\'s determination paves the way for the domestic industry to continue its recovery in what will now be a level playing field in the U.S. chassis market.
  • "\nThe Commerce Department has already determined that Chinese chassis producers were being unfairly subsidized at a rate of 44.32%.