Alerts & Updates 13th Mar 2023

Trade Update – March 13, 2023

Authors

Parthsarathi Jha Partner | New Delhi | Noida

Sanjay Notani Partner | Mumbai

Naghm Ghei Principal Associate | Delhi NCR

Mitul Kaushal Consultant | Delhi NCR

Divyashree Suri Senior Associate | Delhi NCR

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KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation	Particulars
India (Directorate General of Trade Remedies)
Canada, China, Germany, Netherlands, South Korea, Taiwan, Turkey, and United Kingdom	Tin Mill Products	AD/CVD	Determination that an industry in the United States is materially injured by reason of imports of Tin Mill products from Canada, China, Germany, Netherlands, South Korea, Taiwan, Turkey and United Kingdom, which are alleged to be sold in the United States at less than fair value, and are subsidized by the Government of China.
India	Stainless-Steel Bar	AD	Preliminary results of the administrative review of the anti-dumping duty order on imports of Stainless-Steel Bars from India.
India	Stainless-Steel Flanges	AD	Final results of administrative review of the anti-dumping duty order on imports of Stainless-Steel Flanges from India.
India	Barium Chloride	CVD	Countervailing duty order imposing a countervailing duty on imports of Barium Chloride from India into the United States.
India	Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel	CVD	Preliminary results of the administrative review of countervailing duty order on imports of Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from India.

WTO, FTAs
TRADE POLICY

European Union
- EU companies ‘loosen’ rules for green subsidies to combat the effects of US’ Inflation Reduction Act, and retain important projects in Europe.
USA
- The US demands formal talks with Mexico over GMO corn dispute.
- Higher standards for “Product of USA” meat proposed by Biden administration.
India
- India and Russia hold high level meeting to push investment and trade ties including market access issues.
- Extension of enforcement dates if ABS, Polycarbonate, VCM and Ethylene Dichloride.
UK
- The Government concludes a review of the UK’s trade remedies regime which was initiated in June 2021.
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 – March 13, 2023

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Trade Update – March 13, 2023

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Latest Thought Leadership

Orissa HC directs tax depart to pay 6% interest to Vedanta on delayed customs refund

A Fresh Setback to Secured Creditors — And a Deep One

Changes to SEBI’s Cyber Security and Cyber Resilience Framework for AIFs

Session on Global Trends in Receivable Assignment and Litigation Funding and Insolvency Professional Oversight | May 16, 2025 | 5.00 PM onwards

Privacy Policy