TradeWatch – 20th November 2023

Key Trade Remedial Updates

Subject Countries	Product	Investigation (AD – Antidumping, CVD – Countervailing)	Particulars
USA (Department of Commerce)
India	Quartz Surface Products	AD	Final results of administrative review determining no dumping and no shipments.
China	Large Vertical Shaft Engines Between 225CC and 999CC and Parts Thereof	AD/CVD	Recission of 2022-2023 antidumping and 2022 countervailing duty administrative reviews.
China	Paper Shopping Bags	CVD	Corrigendum notification for spelling mistakes in notification of preliminary determination.
China	Cased Pencils	AD	Final results of administrative review refusing determination of separate rates for requesting entities.
China	Multilayered Wood Flooring	AD	Modification of duty rates as per the decision of the U.S. Court of International Trade.
China	Fresh Garlic	CVD	Preliminary results determining circumvention of anti-dumping duties.
China	Hardwood Plywood Products	AD	Modification of duty-rates and exclusion of certain entities as per the decision of the U.S. Court of International Trade.
United Kingdom (Trade Remedies Authorities)
China	Excavators	AD	Initiation of antidumping investigation.
China	Excavators	CVD	Initiation of anti-subsidy investigation.
European Union (European Commission)
India	Optical Fibre Cables	AD	Initiation of antidumping investigation.
Egypt and USA	Polyvinyl Chloride	AD	Initiation of antidumping investigation.
China	Mobile Access Equipment	AD	Initiation of antidumping investigation.
China	Titanium Dioxide	AD	Initiation of antidumping investigation.

WTO/FTAs

• The seventh trade policy review of Türkiye took place on 13 and 15 November 2023.
• WTO members examine proposals to deepen discussions on trade and environment.
• Report finds strong expansion of global value chains but warns of increased vulnerability.
• WTO Members agree on changes to improve the functioning of the Customs Valuation Committee.
• Norway donates NOK 9 million to WTO Fisheries Funding Mechanism.
• India-UK FTA issues to be resolved in coming weeks, says HCIM Piyush Goyal.
• UK seeks higher protection for its GI products from agri sector under FTA with India.
• UK seeks customs duty concessions on EVs in FTA with India.

Trade Policy

EU

• EU-Angola sign first-ever Sustainable Investment Facilitation Agreement.
• Value of EU trade deals surpasses €2 trillion.
• EU launches tool to help exporters seize benefits of Mutual Recognition Agreements.

UK

• UK Export Finance (UKEF) has signed a deal with Brazilian aircraft manufacturer Embraer to increase its use of UK suppliers.
• Notification of introduction to the Single Trade Window, a proposed trade facilitation tool.
• Release of policy paper regarding an enhanced trade partnership between UK and Taiwan.
• UK to offer higher subsidies for offshore windfarms after crisis talks.

USA

• US Treasury Secretary Yellen says APEC finance ministers agree to expand output sustainably.
• US postpones Asia trade deal rollout after domestic fire.

India

• India, EU inch closer to settling their $600 million trade dispute at WTO.
• RoDTEP faces US, EU action.

Customs

• Modification of tariff values for gold and silver, various oils, and nuts.
• Imposition of anti-dumping duties on imports of Toughened Glass for Home Appliances having thickness between 1.8 mm to 8 mm and area of 0.4 sqm or less from China.

Sanctions

• US probes 30 ship managers for suspected Russia oil sanctions violations.
• US BIS amends the Export Administration Regulations (EAR) by adding four entities from jurisdictions including India to the Entity List.