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AD/CV: PET Resin, Steel Nails, Brass Sheet and Strip

Tuesday, October 17, 2017
Sandler, Travis & Rosenberg Trade Report

PET Resin. The International Trade Administration has rescinded its administrative review of the countervailing duty order on polyethylene terephthalate resin from India for the period Aug. 14, 2015, through Dec. 31, 2016, based on a timely withdrawal of the request for review. The ITA will instruct U.S. Customs and Border Protection to assess CV duties on entries of subject goods during this period at the CV cash deposit rates required at the time of entry or withdrawal from warehouse for consumption.

Steel Nails. In the final results of its administrative review of the CV duty order on steel nails from Vietnam for the period Nov. 3, 2014, through Dec. 31, 2015, the ITA has determined a net subsidy rate of 313.97 percent for two companies. CV duties at this rate will be assessed on entries of subject goods during this period, and CV cash deposits at this rate will be required for subject goods entered or withdrawn from warehouse for consumption on or after Oct. 17.

The ITA is also rescinding this review for Dicha Sombrilla Co. Ltd. after concluding that this company did not have reviewable entries of subject goods during this period.

Brass Sheet and Strip. In its sunset review of the antidumping duty orders on brass sheet and strip from France, Germany, Italy, and Japan, the International Trade Commission has determined that revocation of these orders would be likely to lead to continuation or recurrence of material injury to an industry in the U.S. within a reasonably foreseeable time. As a result, these orders will remain in place.

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