INTERNATIONAL BUSINESS AND TRADE
Imports of carbon and certain alloy steel wire rod from China were sold in the U.S. at less than fair value and received countervailable government subsidies leading the Department of Commerce to assign antidumping duty margins of 106.19% and 110.25% with countervailing duty margins between 178.46% and 193.31% (31 ITR 2032; 11/20/14).
Imports of welded line pipe from Korea and Turkey will be investigated by the Commerce Department to determine if they are being sold in the U.S. at less than fair value or are subject to countervailable government subsidies (31 ITR 2000; 11/13/14).
INTERNATIONAL AGREEMENTS AND INVESTMENT
The U.S. and China issued reciprocal extension provisions for the validity of visas issued to each other's citizens from one year up to ten years to spur trade and investment and increase travel and exchanges between the countries (31 ITR 2006; 11/13/14).
An agreement was reached with China on expanding the list of goods that would be covered by the Information Technology Agreement which is anticipated to result in major tariff cuts for the World Trade Organization (WTO) on more than 200 lines of goods sold in 54 countries and regions creating a significant economic impact by expanding global GDP in the coming years (31 ITR 1989; 11/13/14).
Motions to dismiss federal and state price fixing claims against some American distributors as being involved in a conspiracy to control prices for all Korean ramen noodles sold in the States were granted in part and denied in part without prejudice (Fenerjian v. Nong Shim Co., Ltd., N.D. Cal. No. 3:13-CV-04115-WHO, 11/4/14); (31 ITR 2001; 11/13/14).
Country of Origin
The Canada Border Services Agency (CBSA) published amendments to its regulations easing proof of country of origin requirements for imports into Canada under NAFTA (31 ITR 2009; 11/13/14).
Certain imports of wooden bedroom furniture from China were held at an antidumping duty rate of 216% as sustained by the Court of International Trade (CIT) (Mark David v. United States, 2014 BL324273, Ct. Int'l Trade, No. 14-132 (Slip Op. 14-132), 11/18/14); (31 ITR 2030; 11/20/14).
A bankrupt domestic solar panel manufacturer had his predatory pricing complaint lodged under the U.S. Sherman Act dismissed against certain Chinese manufacturers for failure to adequately allege that the Chinese would recoup their losses from the below-cost pricing activities (Energy Conversion Devices Liquidation Trust v. Trina Solar, Ltd., 2014 BL 308680, E.D. Mich., No. 2:13-CV-14241-RHC-RSW, 10/31/14.
The Chinese owned firm Ralls Corp. was blocked from acquiring investments in wind farms close to a U.S. naval facility but the U.S. District Court for the District of Columbia ruled the government must provide unclassified material in connection with its blocking order issued under information collected by the Committee on Foreign Investment in the U.S. (CFIUS) to enable a review of unclassified factual findings bearing on the issue provide due process for the petitioner (Ralls Corp. v. Comm. on Foreign Inv. in the U.S., D.D.C., No. 12-1513, 11/6/14); (31 ITR 1999; 11/13/14).
The aluminum plastic laminate foil imported by Alcan Food Packaging which contains Military Meals Ready To Eat (MREs) were properly classified as plastic film and should retain a duty rate of 4.2% (Alcan Food Packaging (Shelbyville) v. U.S., 2014 BL 324888, Fed. Cir., No. 2014-1003, 11/18/14); (31 ITR 2031; 11/20/14).
EXPORTS AND SANCTIONS
Volkswagen AG has been requested to provide technical documents for its recall of almost 600,000 vehicles sold in China in view of an investigation into complaints from owners about broken rear suspension axles (31 ITR 1970; 11/6/14).
INTERNATIONAL GDP WATCH*
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