INDUSTRY-ANALYSIS

AD/CVD Cases: Electrodes, Lawn Groomers, OCTG, Plywood, Wire Rod

The International Trade Administration and International Trade Commission have announced several actions in antidumping and countervailing duty cases involving products from China, India, Indonesia, Vietnam, Brazil, Japan, Korea, Mexico, Moldova, and Thailand. These actions include new investigations, determinations on existing orders, and adjustments to cash deposit rates.

Supreme Court Invalidates IEEPA Tariffs

The Supreme Court has ruled that the President lacks the constitutional authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision, in cases involving Learning Resources, Inc. and V.O.S. Selections, Inc., invalidates previously levied tariffs. Businesses that paid these duties are advised to consult legal counsel regarding potential refund options.

ITC Probes Impact of Revoking China PNTR and Biotech Practices

The International Trade Commission (ITC) has launched two fact-finding investigations. One assesses the economic impact of revoking China's Permanent Normal Trade Relations (PNTR) treatment, with input due April 13. The second probe examines Chinese state support and pricing practices in the biotechnology sector.