February 25, 2019
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:
Partner, Global Practice Leader
Partner, National Practice Leader
John L. McLoughlin
Principal, East Coast Leader
Luis (Lou) Abad