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US DOC Finds AD & CVD on Imports of Forged Steel Fluid End Blocks

12/12/2020

US Department of Commerce announced affirmative final determinations in the antidumping duty investigations of forged steel fluid end blocks from Germany and Italy, and affirmative final determinations in the countervailing duty investigations of fluid end blocks from China, Germany, India, and Italy.

Australia accuses China of breaching free trade deal by restricting imports

10/12/2020

Trade minister Simon Birmingham says ‘targeted nature’ of China’s measures raise concern about its adherence to trade deal and WTO obligations

Vietnam’s trade surplus hits record high despite COVID-19

10/12/2020

Vietnam posted a record trade surplus of 20.1 billion USD in the first 11 months of this year despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office (GSO).

Export turnover of many agricultural products exceeds US$2 billion

10/12/2020

The Office of the Ministry of Agriculture and Rural Development on December 7 said that the export turnover of agricultural, forestry, and aquatic products in the first 11 months reached US$37.42 billion, up 2.4 percent over the same period last year, and the trade surplus hit nearly $9.36 billion, up 10.9 percent.

US represents largest export market for Vietnamese products

10/12/2020

Vietnam’s total export turnover during the past 11 months rose 5.5% to US$254.93 billion, with the US becoming Vietnam’s largest commodity consumer, according to the Ministry of Industry and Trade (MoIT).

U.S. Department Of Commerce Finds Dumping Of 4th Tier Cigarettes From South Korea

10/12/2020

December 7, 2020, the U.S. Department of Commerce announced its affirmative final determination in the antidumping duty (AD) investigation of 4^th tier cigarettes from South Korea. Commerce determined that exporters from South Korea have dumped 4^th tier cigarettes in the United States at a rate of 5.48 percent.

U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%

10/12/2020

The Korea International Trade Association announced on Dec. 6 that the U.S. Department of Commerce’s tariff rate on South Korean oil pipelines was recently fixed at 9.33 percent to 15.07 percent in its third anti-dumping annual review for the period of Dec. 1, 2017 to Nov. 30, 2018.