 EU to Increase Tariffs on Imports from U.S. |
Source |
American Shipper |
Post Date |
04/09/2020 |
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The European Union will increase its tariffs on imports of several products from the U.S. in retaliation for a recent expansion of U.S. tariffs on steel and aluminum products.
Earlier this year the U.S. exted its Section 232 additional tariffs of 25 percent on steel and 10 percent on aluminum to derivative products that had seen a surge in imports. The EU states that while the U.S. acterized these tariffs as security measures, ˇ°they are in essence safeguard measuresˇ± that would ˇ°significantly limitˇ± EU exports of these products to the U.S., which were valued at nearly €40 million in 2019.
Because consultations with the U.S. ˇ°did not result in any satisfactory solution,ˇ± effective May 8 the EU will susp the application of substantially equivalent trade concessions by imposing tariffs of 20 percent on products in CN code 9613.80.00 (lighters) and 7 percent on products in CN code 3926.30.00 (plastic furniture fittings).
In addition, the EU plans to impose an additional 4.4 percent tariff (on top of the existing 10 percent tariff) on products in CN code 9504.40.00 (playing cards) ning either (1) Feb. 8, 2023, or (2) when the World Trade Organization adopts a ruling that the U.S. measures are inconsistent with WTO rules, whichever is earlier.
AD/CV News: Calcium Hypochlorite, Electrodes, Steel, Nails, Thermal Paper, Aluminum Sheet, Citric Acid, Line Pipe, Lined Paper, Sugar
The International Trade Administration and/or International Trade Commission have recently announced the following actions in antidumping and/or countervailing duty cases.
Calcium hypochlorite ¨C sunset review determinations that revocation of AD and CV duty orders on calcium hypochlorite from China would likely lead to the continuation or recurrence of dumping at margins up to 210.52 percent and countervailable subsidies at the rate of 65.85 percent
Electrodes ¨C continuation of AD duty order on small-diameter graphite electrodes from China, effective April 6
Hot-rolled steel ¨C rescission of administrative review of AD duty order on hot-rolled steel flat products from Korea for the period Oct. 1, 2018, through Sept. 30, 2019, with respect to nine companies and instruction to CBP to assess AD duties on entries of such goods at the applicable cash deposit rates
Nails ¨C dumping margin of 78.17 percent in preliminary results of administrative review of AD duty order on steel nails from Taiwan for the period July 1, 2018, through June 30, 2019
Thermal paper ¨C rescission of administrative review of CV duty order on lightweight thermal paper from China for the period Jan. 1 through Dec. 31, 2018, and instruction to CBP to assess CV duties on entries of such goods at the applicable cash deposit rates
Aluminum sheet ¨C initiation of AD duty investigations on common alloy aluminum sheet from Bahrain, Brazil, Croatia, Egypt, Germany, Greece, India, Indonesia, Italy, Korea, Oman, Romania, Serbia, Slovenia, South Africa, Spain, Taiwan, and Turkey and CV duty investigations of common alloy aluminum sheet from Bahrain, Brazil, India, and Turkey
Citric acid ¨C dumping margin of zero for one company in final results of administrative review of AD duty order on citric acid and certain citrate salts from Canada for the period May 1, 2018, through April 30, 2019
Line pipe ¨C dumping margin of 6.22 percent for one exporter/producer in amed AD duty order on welded line pipe from Korea in accordance with court decision
Lined paper ¨C dumping margins of zero and 1.93 percent in final results of administrative review of AD duty order on lined paper products from India for the period Sept. 1, 2017, through Aug. 31, 2018
Sugar ¨C sunset review determinations that revocation of AD and CV duty suspension agreements on sugar from Mexico would be likely to lead to (1) the continuation or recurrence of dumping at margins up to 42.14 percent and countervailable subsidies ranging from 5.78 to 43.93 percent and (2) material injury within a reasonably fo
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