Trade & Export

USITC: China active anode material imports do not retard US industry

The US International Trade Commission (USITC) determined that imports of active anode material from China, previously found by Commerce to be sold at less than fair value and subsidized, have not materially retarded the establishment of a U.S. industry. As a result, antidumping and countervailing duty orders will not be issued.

USITC Continues Antidumping Orders on PET Film from China, India, Taiwan, UAE

The U.S. International Trade Commission (USITC) has determined to continue existing antidumping and countervailing duty orders on polyethylene terephthalate (PET) film, sheet, and strip from China, India, Taiwan, and the United Arab Emirates. This decision means these trade remedy measures will remain in place, affecting imports of the specified product.

UK Imposes Anti-Dumping Measure on Chinese Tin Mill Imports

The UK Government has accepted the Trade Remedies Authority's recommendation to impose new anti-dumping measures on imports of tin mill products from China. Duties of 27.85% and 49.98% will be applied to protect the UK's tin mill industry from injury caused by dumped imports.

TRA Investigation on US HVO Biodiesel - Negative Determination

The UK's Trade Remedies Authority (TRA) has completed its investigation into US HVO biodiesel and proposes a final negative determination, meaning no countervailing measure will be imposed. The TRA concluded that the Blenders Tax Credit subsidy programme no longer offers subsidisation to US exporters.

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.

Export Licence Update for Typhoon Project

The Export Control Joint Unit has updated the open general export licence (OGEL) for military goods related to the collaborative Typhoon project. Turkey has been added as a permitted destination for exports under this licence.

UK Sanctions Update: Russia and Belarus

The UK government has amended its sanctions list under the Russia regime, with one entity remaining subject to an asset freeze and another being removed. Additionally, new guidance on licences for Belarus trade sanctions has been published, and an overview of 2025 Russia sanctions highlights potential future legislation targeting sanctions evasion.

ESMA Final Draft RTS on Margin Transparency and Clearing Costs

The European Securities and Markets Authority (ESMA) has published final draft Regulatory Technical Standards (RTS) on margin transparency requirements and clearing costs under EMIR 3. These drafts aim to improve transparency for clearing participants regarding margin calls and clearing fees.

EC Consultation on Private Equity Exit Obstacles

The European Commission has launched a consultation seeking feedback on obstacles faced by private equity investors when exiting investments in EU private companies. The consultation aims to improve access to finance for EU start-ups and scale-ups and will inform potential future regulatory or policy actions.

OFAC Sanctions Risks and Cartel Designations

OFAC has settled a $1.7 million case with IMG Academy for sanctions violations related to cartel-linked entities. This highlights increased compliance risks for entities with international touchpoints due to heightened cartel designations and sanctions enforcement.