US initiates administrative review on Vietnamese exports
Thursday, August 22,2024![](/weblocalfiles/giang/thang8nam2024/2182024163312cats.jpg)
AsemconnectVietnam - The US Department of Commerce (DOC) has initiated an administrative review on certain Vietnamese exports currently subject to anti-dumping and countervailing duties, according to the Trade Remedies Authority of Vietnam.
The US Department of Commerce (DOC) has initiated an administrative review on certain Vietnamese exports currently subject to anti-dumping and countervailing duties, according to the Trade Remedies Authority of Vietnam.
Under the DOC’s announcement on August 14, an anti-dumping review targets steel nails and welded stainless pressure pipe for the period from July 1, 2023, to June 30, 2024, while passenger vehicles & light truck tires is set to face a countervailing duty review for the period from January 1 to December 31, 2023. Steel nails are also the object of a countervailing duty review for the period from January 1 to December 31 last year.
Under US law, within 35 days of the notice of initiation (expected by September 18), DOC will select mandatory respondents based on their export volumes, as reported by US Customs and Border Protection (CBP) or through their responses to quantity and value (Q&V) questionnaires.
The regulations stipulate that any producers/exporters listed in the review notice but without export activity during the review period must inform the department within 30 days of the notice (by September 13, 2024). Additionally, parties may withdraw their review requests within 90 days of the notice (by November 12, 2024).
For countries deemed non-market economies by the US, such as Vietnam, businesses seeking separate duty rates must submit applications within 30 days of the notice (by September 13, 2024). Failure to apply for a separate rate or being excluded from the mandatory respondent list could result in the imposition of the national rate.
The Trade Remedies Authority has advised relevant producers/exporters to stay informed on case developments, comply fully with US investigation requirements, and closely cooperate with the authority throughout the review process.
DOC is expected to issue the final results of the review by July 31, 2025./.
Source: en.vietnamplus.vn/us-initiates-administrative-review-on-vietnamese-exports-post292245.vnp
Under the DOC’s announcement on August 14, an anti-dumping review targets steel nails and welded stainless pressure pipe for the period from July 1, 2023, to June 30, 2024, while passenger vehicles & light truck tires is set to face a countervailing duty review for the period from January 1 to December 31, 2023. Steel nails are also the object of a countervailing duty review for the period from January 1 to December 31 last year.
Under US law, within 35 days of the notice of initiation (expected by September 18), DOC will select mandatory respondents based on their export volumes, as reported by US Customs and Border Protection (CBP) or through their responses to quantity and value (Q&V) questionnaires.
The regulations stipulate that any producers/exporters listed in the review notice but without export activity during the review period must inform the department within 30 days of the notice (by September 13, 2024). Additionally, parties may withdraw their review requests within 90 days of the notice (by November 12, 2024).
For countries deemed non-market economies by the US, such as Vietnam, businesses seeking separate duty rates must submit applications within 30 days of the notice (by September 13, 2024). Failure to apply for a separate rate or being excluded from the mandatory respondent list could result in the imposition of the national rate.
The Trade Remedies Authority has advised relevant producers/exporters to stay informed on case developments, comply fully with US investigation requirements, and closely cooperate with the authority throughout the review process.
DOC is expected to issue the final results of the review by July 31, 2025./.
Source: en.vietnamplus.vn/us-initiates-administrative-review-on-vietnamese-exports-post292245.vnp
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