U.S. Likely to Impose CV Duties on Several Mainland Chinese Products this Summer

In April, the Department of Commerce and the U.S. International Trade Commission launched separate countervailing duty/injury investigations on circular welded carbon quality steel line pipe and citric acid and citrate salts from China, bringing the total number of active CV investigations on mainland products to ten. As expected, U.S. producers have not been deterred by the USITC's final negative injury determination in the landmark anti-dumping and CV investigations of certain coated free sheet paper from China, which marked the reversal of a 20-year-old DOC policy against assessing CV duties on products from non-market economy countries, and have continued to take advantage of the CV provisions in the law to target imports from the mainland. The CV policy reversal was formalised through the DOC's final affirmative subsidy determination on coated free sheet paper, issued on 17 October 2007, and was by no means altered by the USITC's negative injury determination.

U.S. Likely to Impose CV Duties on Several Mainland Chinese Products this Summer (hktdc.com)