As noted in a Commerce Department release [PDF 74 KB], the subject sold cast iron soil pipe was sold at less than fair value in the United States at a rate of 235.93%, and Commerce determined that exporters from China received countervailable subsidies at rates ranging from 14.69% to 109.27%.
When the final affirmative AD determination is published, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect AD cash deposits equal to the applicable final weighted-average dumping margins.
Concerning the CVD determination, if the U.S. International Trade Commission (ITC) makes an affirmative injury determination, Commerce will instruct CBP to resume collection of CVD cash deposits equal to the applicable subsidy rates. The ITC is currently scheduled to make its final injury determinations in early April 2019.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich Partner, Global Practice Leader T: 312-665-1022 E: dzuvich@kpmg.com
Andy Siciliano Partner, National Practice Leader T: 631-425-6057 E: asiciliano@kpmg.com
Irina Vaysfeld Principal T: 212-872-2973 E: ivaysfeld@kpmg.com
Robert Waldrop Principal T: 212-954-8117 E: rwaldrop@kpmg.com
Christopher Young Principal T: 312-665-3229 E: christopheryoung@kpmg.com
George Zaharatos Principal T: 404-222-3292 E: gzaharatos@kpmg.com |
John L. McLoughlin Principal, East Coast Leader T: 267-256-2614 E: jlmcloughlin@kpmg.com
Luis (Lou) Abad Principal, WNT T: 212-954-3094 E: labad@kpmg.com
Amie Ahanchian Managing Director T: 202-533-3247 E: aahanchian@kpmg.com
Gisele Belotto Managing Director T: 305-913-2779 E: gbelotto@kpmg.com
Andy Doornaert Managing Director T: 313-230-3080 E: adoornaert@kpmg.com
Jessica Libby Managing Director T: 612-305-5533 E: jlibby@kpmg.com |