The Trade Remedies Authority has today (19 August 2022) proposed that two China-based electrical bicycle and tricycle manufacturers be given new exporter status which allows them to pay a lower anti-dumping import tariff rate to export their products to the UK. 

Wood enterprises need to make the most of the signed and effective Free Trade Agreements (FTAs) to increase exports; diversify export markets, avoiding dependence on some markets, typically the US market.

Domestic exporters should pay attention to the exchange rate between the Vietnamese đồng and other currencies to enable them to choose the most profitable ex-import markets and payment currencies.

Due to many factors affecting and inhibiting the growth of Vietnam's tuna exports to the EU market, the export turnover of this item is decreasing sharply. Enterprises have turned to export, making up for the shortfall from this market.

Pangasius exports to the EU market are forecast to reach over US$200 million in 2022, up 90 per cent compared to 2021, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

South Africa has suspended anti-dumping duties on Brazilian exporters of frozen chicken meat. Brazil’s economy ministry confirmed the report and said the country has welcomed the decision as a way to boost its competitiveness in the South African market.

The commerce ministry has recommended imposition of anti-dumping duty on Chinese ofloxacin -- a medicine used to treat certain infections -- for five years to guard domestic players from cheap imports from the neighbouring country.

The US Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on corrosion-resistant steel products from India, Italy, China, South Korea and Taiwan, and the countervailing duty (CVD) orders on the product from India, Italy, China and South Korea.