Alerts & Updates 18th Dec 2023

Trade Update – December 18 , 2023

Authors

Parthsarathi Jha Partner | New Delhi | Noida

Sanjay Notani Partner | Mumbai

Naghm Ghei

Harika Bakaraju

Divyashree Suri

Mitul Kaushal

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KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation(AD – Antidumping, CVD – Countervailing)	Particulars
USA (Department of Commerce)
China	Pea Protein	CVD	Preliminary determination of grant of countervailable subsidies.
India	Brass Rod	CVD	Final determination of grant of countervailable subsidies.
China	Frozen Warmwater Shrimp	AD	Final results of administrative review refusing to determine separate dumping margins.
China	Tapered Roller Bearings and Parts Thereof, Finished and Unfinished	AD	Final results of sunset review recommending continuation of duties.
China	Common Alloy Aluminum Sheet	AD/CVD	Rescission of circumvention inquiry.
China	Refillable Stainless Steel Kegs	CVD	Preliminary determination of grant of countervailable subsidies and partial rescission of administrative review.
India (Directorate General of Trade Remedies)
China	Aniline	AD	Final findings in mid-term review recommending continuation of duties.
United Kingdom (Trade Remedies Service)
China	Bicycle Parts	AD	Final determination in exemption review recommending exemption of Frog Bikes Ltd from duties.
China	Bicycle Parts	AD	Final determination in exemption review recommending exemption of The Martlet Group from duties.
China	Bicycle Parts	AD	Final determination in exemption review recommending exemption of MiRider from duties.
China	Aluminium Road Wheels	AD	Final determination in transition review recommending modification and partial revocation of duties.
European Union (European Commission)
China	Tyres for buses or lorries (new and retreaded)	CVD	Initiation of partial interim review.
China	Tyres for buses or lorries (new and retreaded)	AD	Initiation of partial interim review.

WTO, FTAs
TRADE POLICY

EU
UK
- Trade Secretary Kemi Badenoch hails £868 billion UK exports bonanza in Brexit trade victory.
USA
- US Treasury Secretary Janet Yellen urges China to shift from ‘unfair’ state-driven economic policy.
India
CUSTOMS
SANCTIONS

Disclaimer: The information contained in this document is intended for informational purposes only and does not constitute legal opinion or advice. This document is not intended to address the circumstances of any individual or corporate body. Readers should not act on the information provided herein without appropriate professional advice after a thorough examination of the facts and circumstances of a situation. There can be no assurance that the judicial/quasi-judicial authorities may not take a position contrary to the views mentioned herein.

Trade Update – December 18 , 2023

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Trade Update – December 18 , 2023

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