By Trend News Line 2024-07-05 00:00:00.
The U.S. Department of Commerce has made a significant determination regarding certain pea protein imports from China, stating that they are being sold in the United States at less than fair value. This decision comes after an investigation period from January 1, 2023, through June 30, 2023, with the ruling becoming applicable on July 5, 2024. For further information on this matter, interested parties can contact Sofia Pedrelli or Katherine Smith at the Enforcement and Compliance office within the International Trade Administration.
This announcement follows Commerce’s Preliminary Determination published in the Federal Register on February 13, 2024, which delayed the final decision until June 27, 2024, allowing for comments from involved parties. The Issues and Decision Memorandum, detailing events and concerns raised during this process, is available to the public through the Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS).
The investigation specifically targets pea protein from China, with no modifications to the scope as outlined in the Preliminary Determination. Critical circumstances have been identified for imports from China, leading to further examination of the matter in line with relevant regulations.
In cases where cooperation is lacking, Commerce has applied adverse facts available (AFA) to determine rates, with the China-wide entity facing the highest rate of 280.31 percent. Separate rates have been allocated to eligible companies, maintaining consistency with the Preliminary Determination. The final estimated weighted-average dumping margins for various exporters and producers have been calculated and are detailed in the official report.
Moving forward, the suspension of liquidation will continue for subject merchandise, in line with the findings of critical circumstances for certain entities. The cash deposit rate will be adjusted based on relevant factors, including domestic subsidy pass-through and export subsidies determined in companion countervailing duty proceedings.
Overall, Commerce’s decision regarding pea protein imports from China underscores the importance of fair trade practices and compliance with regulations. Interested parties are encouraged to review the full report for a comprehensive understanding of the issues at hand. For additional details on specific rates and entities involved, the official documentation is available for reference.
The final determination in this investigation represents a significant step in ensuring a level playing field for domestic and international trade, with measures in place to address instances of unfair competition. The enforcement of fair value regulations is essential for maintaining a robust and transparent trading environment, benefiting all stakeholders involved..
– Fair value determination
– Critical circumstances determination.