New AD/CVD Case Filed: Unwrought Palladium from the Russian Federation
A new antidumping and countervailing duty (AD/CVD) action has been filed against unwrought palladium from the Russian Federation (Russia). The allegation is that imports from Russia are unfairly subsidized and are being dumped.
Full list of exporters here.
Full list of importers here.
Background on AD/CVD Investigations
Antidumping duty (“AD”) and countervailing duty (“CVD”) investigations are brought jointly by the U.S. International Trade Commission (“USITC”) and the U.S. Department of Commerce (“Commerce”). AD investigations are triggered when a domestic industry alleges that it has been injured by competing imports of particular goods from specific countries being sold at less than a fair value. Meanwhile, CVD investigations are triggered when a domestic industry alleges that it has been injured by competing imports that are being unfairly subsidized by their governments. The domestic industry initiating the investigation is known as the petitioner while the foreign industry participating in the investigation is known as the respondent.
Scope of the Investigation
The merchandise covered by these investigations is unwrought palladium, whether or not refined.
The products subject to the investigations are currently classified in the Harmonized Tariff Schedule of the United States (HTSUS) under subheading 7110.21.0000. Full scope here.
Next Steps
The Commerce Department will determine whether to initiate the investigations within 20 days. The USITC will reach a preliminary determination of material injury or threat of material injury within […]