Commerce Sets Subsidy Rate For Chinese Cylinders

Law360, New York (October 12, 2011, 5:58 PM EDT) -- The U.S. Department of Commerce preliminarily decided Wednesday that Chinese steel cylinder manufacturers have received countervailable subsidies from their government, and set a 22.34 percent duty rate on the imports.

As a result of its initial determination, the department's International Trade Administration said it would tell U.S. Customs and Border Protection to start collecting cash deposits or bonds on the imports — which are used to store and secure gases at high pressure during transport — at the preliminary rate.

The probe's sole mandatory respondent —...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.