Trade Risk Guaranty holds a webinar covering the basics of Antidumping and Countervailing. This is part one of a two-part series on Antidumping and Countervailing duties.
- Dumping and Subsidized Exports
- Anti-dumping and Countervailing Duty Definition
- History of Anti-dumping and Countervailing Duty
- Petitions for Anti-dumping and Countervailing Relief
- Investigation and Determination
- Administrative Review
- Sunset Review
Watch the Full Webinar: https://youtu.be/38zRYvMd5Ps
Read the Transcript: https://traderiskguaranty.com/trgpeak/webinar-basics-of-antidumping-and-countervailing/
Lesson Three | Principal Legal Obligations under WTO LawSimon Lacey
This is the third in a five-part series of lectures on WTO law and policy given at the Masters in Trade, Investment and Competition (MTIC) Program of the University Pelita Harapan Graduate School
Lesson Three | Principal Legal Obligations under WTO LawSimon Lacey
This is the third in a five-part series of lectures on WTO law and policy given at the Masters in Trade, Investment and Competition (MTIC) Program of the University Pelita Harapan Graduate School
The presentation deals with the laws and treaties that govern the fair trading and businesses. GATT and GATS : The world wide accepted and signed treaties keep an eye over the international trade and make sure the imports and exports are fair.
this will help us all understand the principles of the WTO and how they already work to eliminate discrimination, increase predictability, openness, etc.
An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. To protect local businesses and markets, many countries impose stiff duties on products they believe are being dumped in their national market.
GATT (General Agreement on Tariff and Trade)Akshay Dhamija
GATT (General Agreement on Tariff and Trade)
Precursor organization to GATT, ITO, was first proposed in
February 1945 by the United Nations Economic and Social Council (UNESCO).
On 1 January 1948, the agreement was signed by 23 countries for the formation of GATT.
Total of 8 rounds was there, all are listed along with their respective year, venue and issues are mentioned in the sides.
An Introduction to WTO Rules on Market AccessSimon Lacey
This is one of a series of lectures given on University Pelita Harapan's Masters in International Trade, Competition and Investment Law and Policy (MTIC) Program. This lecture discusses the WTO rules on market access, focusing on tariffs, quantitative restrictions, tariff-rate quotas, and other non-tarriff measures such as technical barriers to trade and sanitary and phytosanitary measures
this is uploaded by Mukhdoom waseem qureshi advocate high court Lahore pakistan who is the CEO of Ideal Legal Consultants. for more inoformation you can contact through E-mail or cell: Waseem_qureshi@hotmail.com.cell+92-321-4288000
www.idea
This presentation depicts the evolution of International Trade Law and major steps taken to formulate the specialized forum dealing solely on international trade negotiations, it further enumerates the significance of World Trade Organizatio
Dumping its impact and measures in indiaSadhana Gowda
Dumping reflects a distorted market where production is supported independently of demand leading to depressed international agricultural prices, dumping causes unfair competition for small farmers in rural areas of developing countries, where 70% of the world’s poor live. The main causes for continuing dumping in international markets are export subsidies and support payments to producers that allow production without controlling supply.
The presentation deals with the laws and treaties that govern the fair trading and businesses. GATT and GATS : The world wide accepted and signed treaties keep an eye over the international trade and make sure the imports and exports are fair.
this will help us all understand the principles of the WTO and how they already work to eliminate discrimination, increase predictability, openness, etc.
An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. To protect local businesses and markets, many countries impose stiff duties on products they believe are being dumped in their national market.
GATT (General Agreement on Tariff and Trade)Akshay Dhamija
GATT (General Agreement on Tariff and Trade)
Precursor organization to GATT, ITO, was first proposed in
February 1945 by the United Nations Economic and Social Council (UNESCO).
On 1 January 1948, the agreement was signed by 23 countries for the formation of GATT.
Total of 8 rounds was there, all are listed along with their respective year, venue and issues are mentioned in the sides.
An Introduction to WTO Rules on Market AccessSimon Lacey
This is one of a series of lectures given on University Pelita Harapan's Masters in International Trade, Competition and Investment Law and Policy (MTIC) Program. This lecture discusses the WTO rules on market access, focusing on tariffs, quantitative restrictions, tariff-rate quotas, and other non-tarriff measures such as technical barriers to trade and sanitary and phytosanitary measures
this is uploaded by Mukhdoom waseem qureshi advocate high court Lahore pakistan who is the CEO of Ideal Legal Consultants. for more inoformation you can contact through E-mail or cell: Waseem_qureshi@hotmail.com.cell+92-321-4288000
www.idea
This presentation depicts the evolution of International Trade Law and major steps taken to formulate the specialized forum dealing solely on international trade negotiations, it further enumerates the significance of World Trade Organizatio
Dumping its impact and measures in indiaSadhana Gowda
Dumping reflects a distorted market where production is supported independently of demand leading to depressed international agricultural prices, dumping causes unfair competition for small farmers in rural areas of developing countries, where 70% of the world’s poor live. The main causes for continuing dumping in international markets are export subsidies and support payments to producers that allow production without controlling supply.
Consequences of Non-Compliance with U.S. Import Laws and RegulationsArmstrong Teasdale
CLE Presentation: Nikolas Takacs, International attorney at Armstrong Teasdale
Foreign suppliers are an increasingly popular source for products sold in the United States. The complex framework of import laws and non-compliance associated with importing goods into the U.S. can result in significant penalties or unanticipated costs to companies. This seminar will identify key areas of concern and strategies for reducing the risk of non-compliance with U.S. import laws and regulations.
The choice of a lawyer is an important decision and should not be based solely on this presentation. All rights are reserved and content may not be reproduced, disseminated or transferred, in any form or by means, except with the prior written consent of Armstrong Teasdale.
A revolution in duty drawback is on its way. New regulatory changes and a new way of uncovering and pursuing drawback are about to change the fabric of the program forever. With so many changes in the works, it is important to understand the new framework and how it may be possible, now more than ever, to pursue duty refunds.
Watch the full webinar presentation of these slides here http://ow.ly/W3d6G.
Peter Quinter, U.S. Attorney
Director, Customs & International Trade Law Group
Presentation on US Customs and Standard Regulations for Exporters to US Markets
This session will discuss the health system implications of the latest tangible property regulations, implementation of the medical device excise tax and ACT recommendations on Form 1023.
In response to the recent news surrounding the trade war with China, Trade Risk Guaranty has prepared a new webinar explains the nuances around the topic. The presentation covers the following:
- An Update on the Current State of Import Tariffs
- Section 232: Autos and Auto Parts
- Section 301: List 3 Increase to 25%
- Section 301: List 4 Announcement
- Bond Sufficiency
- What's Next with Negotiations with China?
- The Exclusions Released for List 1
In another installment, Trade Risk Guaranty covers the recent news and announcements about the Section 301 and Section 232 tariffs. The presentation covers the following:
- Recap of Import Tariffs
- Section 232: Autos and Auto Parts
- Section 301: Negotiations with China
- The Exclusion Process
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/b7NSwDZFQEg
Year-End Update on the Chinese Tariffs: Section 232 & 301Trade Risk Guaranty
Trade Risk Guaranty joined by Gregg Cummings from their sister company, Strix, for a year-end update on the tariffs imposed on goods imported from China and steel & aluminum imports. This presentation introduces Section 201 and the Miscellaneous Tariff Bill.
The presentation is a packed hour discussing the following topics:
- Introducing Section 201 & The Miscellaneous Tariff Bill
- Recap on Import Tariffs; Section 232 & Section 301
- Announcements from the G20 Leader Summit
- Reactions to the G20 Leader Summit
- What Can You Do? And Tools To Help
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/F31244rULqU
In a brief webinar presentation, Trade Risk Guaranty explains how the new Section 232 and Section 301 tariffs can impact the bond sufficiency of your U.S. Customs Bond. The presentation covers the following:
- What is Bond Sufficiency?
- How the Tariffs Impact Bond Sufficiency
- What Happens When your Customs Bond is Insufficient?
- What is Stacking Liability on a Customs Bond?
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/y91qQS1qyHE
Update on the Tariffs on Chinese Imports: Section 232 & 301Trade Risk Guaranty
Trade Risk Guaranty joined by Gregg Cummings from their sister company, Strix, for an update on the tariffs imposed on goods imported from China and steel & aluminum imports. The presentation is a packed hour discussing the following topics:
- Updates on the Section 232 Tariffs on Steel and Aluminum
- Updates on the Section 301 Tariffs on Chinese Imports
- Overview on Retaliatory Measures from Other Countries
- What We Have Seen Since Implementation
- What Can You Do? And Tools To Help
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/nrRFZGI67ZY
In a short presentation, Trade Risk Guaranty explains how the new Section 232 and Section 301 tariffs can affect your Marine Cargo Insurance. The presentation covers the following:
- How the Tariffs Affect Marine Cargo Insurance
- An Example of the Effect on an Insurance Claim
- How to Prepare Your Policy for This Change
DOWNLOAD THE HTSUS LOOKUP : https://traderiskguaranty.com/section-301-tariff-htsus-lookup/
Watch the webinar here: https://youtu.be/SW_FgB1-558
Trade Risk Guaranty is, once again, joined by Gregg Cummings from their sister company, Strix, to discuss the new tariffs imposed on goods imported from China and steel & aluminum imports. The presentation is a packed hour discussing the following topics:
- Importer Security Filing (ISF) in Today's Enforced Environment
- The Current Administrations Changes on Import Tariffs
- Section 232: Tariffs on Steel and Aluminum
- Section 301: Tariffs on Chinese Imports
- How This Affects Your Customs Bond
- What Can You Do?
Watch the webinar here: https://youtu.be/7FahV_rk_t4
In this installment in Trade Risk Guaranty's webinar series, we are discussing the role of Customs Brokers and Freight Forwarders in the process of importing in the United States.
The following topics are covered in detail:
- What Are Customs Brokers?
- What Are Freight Forwarders?
- 3 Questions to Ask Your Customs Broker and Freight Forwarder.
- Where Can You Find Customs Brokers & Freight Forwarders
- The Differences Between Customs Brokers & Freight Forwarders
Watch the webinar here: https://youtu.be/M7le3J_0mz8
In a brand new webinar, Trade Risk Guaranty is joined by Gregg Cummings from their sister company, Strix, to discuss two very important forms: CF-28 and CF-29. In this presentation, the following topics are covered:
- ACE Overview Recap
- Introduction to CF-28 & CF-29
- Key Takeaways & Tips from the Experts
Watch the full webinar here: https://youtu.be/4CpoWOyqows
In this installment in Trade Risk Guaranty's webinar series, we are joined by one of our marine cargo insurance experts to discuss an introduction to incoterms for United States importers.
The following topics are covered in detail:
- What are Incoterms?
- The 5 Most Common Incoterms
- Identifying Your Incoterms
- Advice from an Expert
DOWNLOAD A FULL INCOTERMS EBOOK: http://bit.ly/2HXGbUD
Watch the full webinar here: https://youtu.be/IZC5NgukKio
Customs in the New ACE Environment: What to Expect in 2018Trade Risk Guaranty
In this installment in Trade Risk Guaranty's webinar series, TRG is joined by Gregg Cummings from their sister company, Strix. During the presentation, Gregg discusses what importer's need to know about the Automated Commercial Environment (ACE) and what to expect in 2018. The following topics are covered in detail:
- What is ACE?
- The History of ACE
- Where is ACE Now?
- What to Expect in 2018
DOWNLOAD A FULL HTSUS EBOOK : http://bit.ly/2GAG6sA
Watch the full Webinar Presentation here: https://youtu.be/EGISNdomas0
Cost Insurance Freight (CIF): What Importers Need to KnowTrade Risk Guaranty
Discover why shipping CIF could be sinking your business!
Tyler Zaichkin will explain how purchasing your Marine Cargo Insurance on CIF Terms could be hurting your business and costing you more.
Watch the Webinar: https://youtu.be/S6Tl5M-ogwY
Read the Transcript: https://traderiskguaranty.com/trgpeak/webinar-cost-insurance-freight-cif/
Trade Risk Guaranty presents ways to protect yourself and mitigate the risks of Antidumping and Countervailing. The following topics are covered in detail along with a question and answer section with one of TRG's in-house Customs Brokers.
View the Full Webinar: https://youtu.be/ZP2DtM2VQtY
Trade Risk Guaranty explains their specialized reporting system, Eagle Eye. A premier service available to all of TRG's current clients, allowing them to access the most up to date information about their entries when importing in the United States.
Watch the Full Webinar: https://youtu.be/eM-nDFtRPQw
Read the Transcript: https://traderiskguaranty.com/trgpeak/webinar-monitor-entries-eagle-eye-reporting/
The Process of Liquidation and Entering Goods into the United StatesTrade Risk Guaranty
In this webinar, Trade Risk Guaranty explains the process of entering goods into the United States through Customs and Border Protection and outlines the process of Liquidation. Also covered is the advantage of Liquidation Reporting when it comes to staying compliant with Customs.
Watch the Full Webinar: https://youtu.be/r-0m3QbY--4
Read the Transcript: https://traderiskguaranty.com/trgpeak/webinar-process-liquidation-entering-goods-united-states/
Trade Risk Guaranty explains how to handle a liquidation damage claim or a supplemental duty bill when they are issued by Customs and Border Protection. An in-house claims expert also discusses how and when these claims are issued on your U.S. Customs Bond.
Watch the full Webinar presentation here: https://youtu.be/TYwHfY1dbZU
Read the Transcript: https://traderiskguaranty.com/trgpeak/webinar-process-liquidation-entering-goods-united-states/
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
Synopsis On Annual General Meeting/Extra Ordinary General Meeting With Ordinary And Special Businesses And Ordinary And Special Resolutions with Companies (Postal Ballot) Regulations, 2018
3. • Located in Beautiful Bozeman Montana
• Established in 1991
• Direct-to-Importer Business Model
• Over 10,000 U.S. Customs Bond & Marine Cargo
Insurance Clients
TRADE RISK GUARANTY BROKERAGE SERVICES, LLC
5. TODAY’S WEBINAR TOPICS
Dumping and Subsidized Exports
Anti-dumping and Countervailing Duty Definition
History of Anti-dumping and Countervailing Duty
Petitions for Anti-dumping and Countervailing Relief
Investigation and Determination
Administrative Review
Sunset Review
6. Dumping
“Dumping occurs when a foreign producer sells a product in
the United States at a price that is below that producer's sales
price in the country of origin (‘home market’), or at a price that
is lower than the cost of production.”
“…a foreign producer selling imports at prices below those of
American products is not necessarily dumping.”
http://enforcement.trade.gov/intro/
7. Subsidized Exports
Industries and products in which foreign governments
“provide financial assistance to benefit the production,
manufacture or exportation of goods.”
“Subsidies can take many forms, such as direct cash payments,
credits against taxes, and loans at terms that do not reflect
market conditions.”
http://enforcement.trade.gov/intro/
8. Defining Anti-dumping and Countervailing
anti-dumping duty
noun | ˌan-tē-ˈdəm-piŋ ˈdü-tē
a protectionist tariff imposed on foreign imports believed to be priced below market
value and causing material harm to the domestic market
countervailing duty
noun | ˌkau̇n-tər-ˈvāliŋ ˈdü-tē
a protectionist tariff imposed on foreign imports believed to be subsidized by a
foreign government and causing material harm to the domestic market
9. History of Anti-dumping and
Countervailing
• Anti-dumping act of 1916
– Dumping related to predatory pricing
– Enforced through legal proceedings
• Anti-dumping act of 1921
– Dumping related to price discrimination
– Enforced though higher import duties
http://www.nber.org/papers/w10582.pdf
10. History of Anti-dumping and
Countervailing
• Tariff Act of 1930
– Defined Anti-dumping and Countervailing duties under Subtitle IV
– Authorized investigation of unfair competition relating to imports
• General Agreement on Tariffs and Trade (GATT 1947)
– Negotiated during the United Nation Conference on Trade and
Employment and took effect on January 1, 1948
– Article VI based on U.S. Anti-dumping Act of 1921
https://en.wikipedia.org/wiki/General_Agreement_on_Tariffs_and_Trade
http://www.nber.org/papers/w10582.pdf
11. History of Anti-dumping and
Countervailing
• Trade Act of 1974
– Dumping definition expanded to include home market sales below
the average cost of production
• Trade Agreements Act of 1979
– Repealed Antidumping Act of 1921
– Revised law enacted as Title VII to the Tariff Act of 1930
– Shortened time limits on dumping and subsidized export investigations
– Allowed use of “best information available” when foreign firms did
not provide requested information
http://www.nber.org/papers/w10582.pdf
12. “An interested party may file an anti-dumping or
countervailing duty petition…alleging that an
industry in the United States is materially injured or
threatened with material injury, or that the
establishment of an industry is materially retarded,
by reason of imports that are being, or are likely to
be, sold in the United States at less than fair value or
by reason of imports that are being subsidized by
the governments of one or more countries.”
13. Petitioning for Anti-dumping and
Countervailing Relief
Interested Parties
– Manufacturers, Producers, & Wholesalers
– Unions, Trade Associations, & Business Associations
– Coalition of Agriculture Processors, Producers, & Growers
Material Injury
– Of consequence or importance
– Substantial in nature
https://www.usitc.gov/trade_remedy/documents/handbook.pdf
14. Petitioning for Anti-dumping and
Countervailing Relief
Less than Fair Value
– A price that is below the sales price in the country of origin, “home
market”
– In absence of sufficient data, surrogate “third country” data may be
used
– In absence of “home market” and “third country data”, a cost-plus-
profit “constructed value” approach may be used
https://www.usitc.gov/trade_remedy/documents/handbook.pdf
15. Anti-dumping and Countervailing
Investigation and Determination
Department of Commerce
– Determines whether foreign producers are dumping goods or
receiving financial assistance to benefit the production,
manufacture or exportation of goods
International Trade Commission
– Determines whether the domestic industry is suffering material
injury as a result of the imports of the dumped or subsidized
products
16. Anti-dumping and Countervailing
Investigation and Determination
Initiation of Investigation (Commerce)
Preliminary Investigation
(USITC)
Preliminary Investigation
(Commerce)
Final Determination
(Commerce)
Final Determination
(USITC)
20 days after the filing of the petition
45 days after the filing of the petition
115 days after the USITC preliminary determination for anti-dumping, or
40 days in countervailing duty cases
75 days after Commerce preliminary determination
120 days after Commerce preliminary determination, or
45 days after its final determination, whichever is later
If affirmative,
Commerce orders
Customs to
suspend
liquidation of
entries and collect
cash deposits
17. Anti-dumping and Countervailing
Investigation and Determination
• If both Commerce and USITC make affirmative final
determinations of injury, Commerce issues an anti-dumping
or countervailing duty order to Customs and Border
Protection (CBP)
• Cash deposits must be made at the rates established in the
final determination for all entries of subject merchandise on
or after the date of the preliminary determination
• Entries will remain suspended until Administrative Review
18. Administrative Review
• Interested parties may annually request an Administrative
Review of anti-dumping and countervailing orders
• This request must be made in the anniversary month of the
publication of the anti-dumping or countervailing order
• Commerce makes a determination of the duties to be
assessed on specific entries made during the previous 12
month period (longer for the first administrative review)
19. Administrative Review
• Administrative reviews also establish new cash deposit rates
for each of the companies reviewed
• If no review is requested for a particular exporter, entries of
that exporter’s merchandise will be assessed at the cash
deposit rate in effect at the time of entry
20. Sunset Review
• Since 1995, Commerce and USITC have been required to
conduct a review on the fifth anniversary of the anti-
dumping or countervailing order
• Sunset Reviews are automatically initiated 30 day prior to
the fifth anniversary
• The review is to determine whether revoking the order would
be likely to lead to continuation or recurrence of dumping or
subsidies (Commerce) and of material injury (USITC).
21. COVERED IN TODAY’S WEBINAR
Dumping and Subsidized Exports
Anti-dumping and Countervailing Duty Definition
History of Anti-dumping and Countervailing Duty
Petitions for Anti-dumping and Countervailing Relief
Investigation and Determination
Administrative Review
Sunset Review
23. Next Webinar, March 30
We will be going more in-depth into Anti-dumping and
Countervailing. Specifically discussing how to monitor open
petitions, calculate cash reserves, mitigate your business risk,
and much more!
March 30, 2017
1:00 PM Eastern / 10:00 AM Pacific
http://bit.ly/adcvd-p2
24. • Unique Direct-to-Importer Business Model
• Save Time & Money
• Multi-Year Billing Cycles (5-Year Term for $225 per Year)
• Work with any broker or forwarder
• In-house Claims Assistance from Licensed Customs
Brokers
TRADE RISK GUARANTY BROKERAGE SERVICES, LLC