BIS

Basel Committee Publishes Synthetic Risk Transfer Analysis Report

The Basel Committee on Banking Supervision has published a report analyzing synthetic risk transfer (SRT) transactions. The report notes that while SRTs appear more prudently structured than pre-GFC transactions, risks associated with their growing use merit continued supervisory monitoring.

Basel Committee Consults on Consolidated Banking Guidelines

The Basel Committee on Banking Supervision has published a consultation on a consolidated version of its banking guidelines and sound practices. The aim is to improve accessibility and streamline guidance materials, reducing their volume by approximately 75%. Comments are requested by June 26, 2026.

Commerce Final AD/CVD Determinations for Steel Fencing from China

The U.S. Department of Commerce announced final affirmative determinations in antidumping and countervailing duty investigations for temporary steel fencing from China. This action imposes duties on imports found to be unfairly priced or subsidized, impacting importers and exporters.

Commerce Preliminary Antidumping Duty Findings on Steel Concrete Reinforcing Bar

The U.S. Department of Commerce announced preliminary affirmative antidumping duty findings on steel concrete reinforcing bar from Bulgaria, Egypt, and Vietnam. The preliminary dumping margins range from 34.20% to 121.97% for specific companies and entities. The final determination is expected around July 28, 2026.

USITC Institutes Section 337 Investigation of Vehicle Parts

The U.S. International Trade Commission (USITC) has instituted a Section 337 investigation based on a complaint by General Motors LLC and GM Global Technology Operations LLC. The investigation concerns alleged infringement of patents related to certain vehicle parts and components thereof.

USITC Finds China Erythritol Imports Injure U.S. Industry

The U.S. International Trade Commission (USITC) has determined that imports of erythritol from China are injuring the U.S. industry. As a result, the U.S. Department of Commerce will issue antidumping and countervailing duty orders on these imports.

Palladium CVD Investigation: Preliminary Affirmative Determination

The U.S. Department of Commerce announced a preliminary affirmative determination in the countervailing duty investigation of unwrought palladium from the Russian Federation. Preliminary subsidy rates for Russian exporters were determined to be 109.10%. The final determination is scheduled for May 20, 2026.

USITC Continues Investigations on Citric Acid from Canada and India

The U.S. International Trade Commission (USITC) has voted to continue investigations into citric acid and certain citrate salts imported from Canada and India. The USITC found a reasonable indication that U.S. industries are materially injured by these imports, which are allegedly sold below fair value and subsidized by their governments.

US and Mexico Launch USMCA Joint Review Discussions

The United States and Mexico have initiated the joint review process for the USMCA. Discussions will focus on reducing regional dependence, strengthening rules of origin, and enhancing supply chain security. Negotiators are scheduled to hold their first meeting the week of March 16, 2026.

USITC Finds China/Malaysia Float Glass Injures US Industry

The USITC has determined that imports of float glass products from China and Malaysia are materially injuring the U.S. industry. As a result, the U.S. Department of Commerce will issue antidumping and countervailing duty orders on these imports.