PRC Imports: Countervailing Duties, U.S. Trade Policy

Law360, New York (December 19, 2007, 12:00 AM EST) -- The U.S. Department of Commerce (Commerce) treats the People’s Republic of China (PRC) as a nonmarket economy (NME) country. As a result, Commerce previously refused to apply the countervailing (i.e., anti‐subsidy) law of the U.S. to PRC imports. But Commerce recently broke with this decades‐long precedent.

In October 2007, in the final determination regarding coated‐free sheet paper, Commerce imposed countervailing duties of 7.40 to 44.25 percent on PRC imports, as well as anti-dumping duties of 21.12 to 99.65 percent.

Separately, Commerce imposed countervailing and anti-dumping duties...
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