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Customs Announcement | The Regional Comprehensive Economic Partnership Agreement Enters into Force for the Philippines | Shanghai Import/Export Agent
Category: Trade ComplianceDate: July 16, 2024 13:52Source: On December 19, 2023, the US Department of Commerce took significant actions against Chinese - made internal combustion high - pressure cleaners, announcing a series of affirmative final anti - subsidy and anti - dumping rulings. This decision is a direct response to long - standing trade inequalities, involving multiple Chinese companies and imposing significant tax rates on these companies and their products.
Home?Trade Compliance? Customs Announcement | The Regional Comprehensive Economic Partnership Agreement Enters into Force for the Philippines | Shanghai Import/Export Agent
The US Initiates Anti - dumping and Counter - vailing Duty Investigations on Brake Drums
On July 11, 2024, the US Department of Commerce announced that, at the request of the US company Webb Wheel Products, Inc., it initiated anti - dumping and counter - vailing duty investigations on brake drums imported from China and Turkey. This case involves products under US Customs Codes 8708.30.5020 and 8708.30.5090.
Investigation Background and Timeline
This anti - dumping and counter - vailing duty investigation started on June 20, 2024, when Webb Wheel Products, Inc. submitted an investigation application to the US Department of Commerce, claiming that brake drums from China and Turkey were being dumped and subsidized, harming the interests of the US domestic industry. According to US statistics, in 2023, the value of the涉案 products imported from China by the US was approximately $520 million, and that from Turkey was approximately $48.3 million.
Investigation Process and Expected Timeline
Preliminary Ruling Stage:
The US International Trade Commission (ITC) is expected to make a preliminary ruling on industry injury no later than August 5, 2024. If the ITC rules that the imported products cause material injury or threat of material injury to the US domestic industry, the investigation will continue.
Preliminary counter - vailing ruling:
If the ITC makes an affirmative preliminary ruling, the US Department of Commerce will continue the counter - vailing duty investigation and is expected to make a preliminary ruling result on September 13, 2024.
Preliminary anti - dumping ruling:
The US Department of Commerce is expected to make a preliminary anti - dumping ruling on November 27, 2024.
Products Involved and Customs Codes
The brake drum products involved in this investigation are classified under the following US Customs Codes:
8708.30.5020
8708.30.5090
If the preliminary ruling results confirm the existence of dumping and subsidy behaviors, the US Department of Commerce will take temporary measures and impose temporary anti - dumping duties and counter - vailing duties on brake drums imported from China and Turkey. These measures will be temporarily in effect until a final ruling is made. If the final ruling also finds that dumping and subsidy behaviors exist, these temporary tax rates may be converted into formal tax rates and implemented in the long term.
The US Initiates Anti - dumping and Counter - vailing Duty Investigations on Low - Speed Passenger Vehicles
On the same day, July 11, 2024, the US Department of Commerce also announced that, at the request of the American Personal Transportation Vehicle Manufacturers Coalition, it initiated anti - dumping and counter - vailing duty investigations on low - speed personal transportation vehicles imported from China. This case involves products under US Customs Code 8703.10.5030.
Investigation Background and Timeline
This investigation also started on June 20, 2024, and the applicant claimed that low - speed personal transportation vehicles exported from China were being dumped and subsidized. In 2023, the value of the涉案 products imported from China by the US was approximately $440 million.
Investigation Process and Expected Timeline
Preliminary Ruling Stage:
The US International Trade Commission (ITC) is expected to make a preliminary ruling on industry injury no later than August 5, 2024. If the ITC rules that the imported products cause material injury or threat of material injury to the US domestic industry, the investigation will continue.
Preliminary counter - vailing ruling:
If the ITC makes an affirmative preliminary ruling, the US Department of Commerce will continue the counter - vailing duty investigation and is expected to make a preliminary ruling result on September 13, 2024.
Preliminary anti - dumping ruling:
The US Department of Commerce is expected to make a preliminary anti - dumping ruling on November 27, 2024.
Products Involved and Customs Codes
The low - speed personal transportation vehicle products involved in this investigation are classified under the following US Customs Codes:
8703.10.5030
Summary
The anti - dumping and counter - vailing duty investigations initiated by the US Department of Commerce on brake drums imported from China and Turkey and low - speed personal transportation vehicles imported from China reflect the USs concern for maintaining a fair competitive environment for the domestic industry. Relevant enterprises need to closely monitor the progress of the investigation and adjust their trade strategies according to the final ruling results. In the coming months, the preliminary and final ruling results of the ITC and the Department of Commerce will have a significant impact on the import and sales of these products.