Friday, September 17, 2010

U.S. Commerce Department Proposes Significant Changes to Antidumping/Countervailing Duty Rules

(Lexology – Arent Fox LLP)

It was a long hot summer in Washington, DC, but that did not stop the U.S. Department of Commerce from quietly floating proposals that would significantly alter the landscape in administering U.S. antidumping and countervailing duty (AD/CVD) rules. Cloaked in the guise of enhancing U.S. “competitiveness” and supporting the National Export Initiative, these new proposals would make it more difficult for foreign companies, especially those based in so-called non-market economies (e.g., China) to avoid costly AD/CVD measures. The question is, how do these measures do anything to enhance U.S. exports? [...]

A detailed listing of the proposals can be found here. Read more here.