Trade Update – April 3, 2023

KEY TRADE REMEDIAL UPDATES

Subject countries	Product	Investigation	Particulars
India (Directorate General of Trade Remedies)
China and Thailand	Flexible Slabstock Polyol	AD	Initiation of an anti-dumping investigation.
China	High Tenacity Polyester Yarn	AD	Final findings issued in anti-circumvention investigation.
China, European Union, Japan and South Korea	Sodium Cyanide (NaCN)	AD	Initiation of an anti-dumping investigation.
USA (Department of Commerce/International Trade Commission/International Trade Administration)
China	Alloy and Certain Carbon Steel Threaded Rod	AD	Final results of anti-dumping duty administrative review 2021–2022.
Poland	Certain Preserved Mushrooms	AD	Final affirmative determination of sales at less than fair value
Spain	Certain Preserved Mushrooms	AD	Final affirmative determination of sales at less than fair value
China	Stainless Steel Sheet and Strip	AD, CVD	Final scope ruling and final affirmative determination of circumvention for exports from the Socialist Republic of Vietnam
China	Light-walled rectangular pipe and tube	AD	Final results of anti-dumping duty administrative review 2020–2021: Correction
Vietnam	Certain Frozen Fish Fillets	AD	Initiation of anti-dumping duty new shipper review.
France, Germany, Italy, and Japan	Brass Sheet and Strip	AD	Determined that revocation of the anti-dumping duty orders on brass sheet and strip from France, Germany, Italy, and Japan would likely lead to continuation or recurrence of material injury to an industry in the United States within a reasonably foreseeable time.

WTO, FTAs

• The UK has concluded negotiations to join the CPTPP.
• Items proposed for consideration at the next meeting of the Dispute Settlement Body.
• E-commerce negotiators advance work, discuss development and data issues.
• China, Singapore complete ‘substantial negotiation’ on FTA upgrade.
• Vietnam, Israel finalize FTA negotiations.

TRADE POLICY

 European Union

• European Commission welcomes key progress in trialogue on Anti-Coercion Instrument.
• EU and Timor-Leste sign deal on WTO accession.

USA

• India objects to $280-billion US programme to promote chipmaking.

India

• India unveils Foreign Trade Policy 2023, eyes $2 trillion exports by 2030.

UK

• Energy Security Secretary sets out plans to drive multi-billion-pound investment in energy revolution.

CUSTOMS

• Amendments to enforcement dates for Quality Control Orders for Ethylene Vinyl Acetate Copolymers, Polyethylene Material for Moulding and Extrusion, Polyester Continuous Filament Fully Drawn Yarn, Polyester Partially Oriented Yarn, Polyester Industrial Yarn and 100 Percent Polyester Spun Grey and White Yarn.
• Notification of the Finance Act, 2023.
• Notification of the new Foreign Trade Policy

SANCTIONS

• Canada imposes new sanctions against Iran.
• Canada imposes sanctions against two members of the Haitian elite.

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