Posted on 04 May 2022
According to the final results of the expedited fifth sunset review of the countervailing duty (CVD) order, the US Department of Commerce (USDOC) indicated that the withdrawal of the existing CVD order on heavy iron construction castings (iron castings) from Brazil would be likely to lead to the continuation or recurrence of countervailable subsidies.
The country-wide subsidy rate for Brazil was set at 1.06% ad valorem.
The products involved are under the Harmonized Tariff Schedule (HTS) numbers 7325.10.0010, 7325.10.0020, 7325.10.0025, and 7325.99.1000.
Source:Yieh