News
Extra duties hit RI tire exports to Turkey
11/09/2009
EU levies AD on Chinese wire rod again
11/09/2009
National Association of Foreign-Trade Zones Supports Use of FTZs to Promote Global Competitiveness of U.S. Based Manufacturers
11/09/2009
WASHINGTON, Sept. 4 /PRNewswire-USNewswire/ -- The National Association of Foreign-Trade Zones (NAFTZ) today challenged foreign-trade zone opponents to provide evidence to support objections lodged against applications by Dow Corning Corporation and REC Silicon for Subzone Authority at the companies' facilities in Kentucky and Washington. The Foreign-Trade Zones Act permits the Foreign-Trade Zones Board to make reasonable determinations concerning the treatment of goods, including goods subject to antidumping and/or countervailing duties. The implementing regulations explicitly provide that this merchandise must be admitted to a zone in "privileged foreign status, "which retains the tariff classification, country of origin and any antidumping or countervailing duty liability until the finished product is entered for consumption into the U.S. Customs territory.
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