Topic
Anti-Dumping Duties
Trade India Denies Textiles and Steel Overcapacity, Says USTR Probe Lacks Evidence
India has rejected U.S. allegations of structural overcapacity in its textiles and steel industries, telling the USTR that per capita consumption remains among the world's lowest. The Directorate General of Trade Remedies (DGTR) stated that overcapacity is not recognized under WTO trade remedy laws and accused the probe of targeting specific countries without evidence.
Trade Commerce tariff finding on van imports may offer relief to Wabash National
The U.S. Commerce Department imposed preliminary countervailing duties on van trailer imports from China (82.3%-128.7%) and Mexico (<2%), following a complaint by the American Trailer Manufacturers Coalition. The move may provide relief to Wabash National, which recently received a debt downgrade from S&P Global Ratings. The duties require immediate cash deposits, with final determinations expected in mid-August for China and mid-December for Mexico.