An introduction to the united states department of commerce

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An introduction to the united states department of commerce

Trade Remedies Unfair foreign pricing and government subsidies distort the free flow of goods and adversely affect American business in the global marketplace.

Enforcement and Compliance, within the International Trade Administration of the Department of Commerce, enforces laws and agreements to protect U.

The difference between the price or cost in the foreign market and the price in the U. Unless the conduct falls within the legal definition of dumping as specified in U.

At a Glance

What is a Countervailable Subsidy? Foreign governments subsidize industries when they 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.

The statute and regulations establish standards for determining when an unfair subsidy has been conferred. The amount of subsidies the foreign producer receives from the government is the basis for the subsidy rate by which the subsidy is offset, or "countervailed," through higher import duties.

How is Dumping or Subsidization Remedied? Enforcement and Compliance investigates foreign producers and governments to determine whether dumping or subsidization has occurred and calculates the amount of dumping or subsidies. What is the role of the International Trade Commission The International Trade Commission determines whether the domestic industry is suffering material injury as a result of the imports of the dumped or subsidized products.

Both the International Trade Commission and Enforcement and Compliance must make affirmative preliminary determinations for an investigation to go forward. What relief is the end result of an Antidumping or Countervailing Duty Investigation? If both Commerce and the International Trade Commission make affirmative findings of dumping and injury, Commerce instructs U.

Customs and Border Protection to assess duties against imports of that product into the United States. The duties are assessed as a percentage of the value of the imports and are equivalent to the dumping and subsidy margins, described above.

Information on the U. Customs Service may be found at https: How long does it take for Antidumping or Countervailing Duty Orders to be issued? If both the International Trade Commission and Enforcement and Compliance make affirmative preliminary determinations within days of initiation of the antidumping investigation, or days for countervailing duty investigation importers are required to post a bond or cash to cover an estimated amount for the duties which would be collected in the event that an AD or CVD order is issued upon the completion of the investigations.

Typically, the final phases of the investigations by Enforcement and Compliance and the International Trade Commission are completed within 12 to 18 months of initiation. What are the requirements for filing an Antidumping or Countervailing Duty Petition? Petitions may be filed by a domestic interested party, including a manufacturer or a union within the domestic industry producing the product which competes with the imports to be investigated.

The statute requires the petition to contain certain information, including data about conditions of the U. Antidumping and countervailing duty trade remedies have been successfully pursued by a variety of domestic industries, including producers of steel, industrial equipment, computer chips, agricultural products, textiles, chemicals, and consumer products.

Both the Enforcement and Compliance and the International Trade Commission have staff available to assist domestic industries in deciding whether there is sufficient evidence to file a petition for antidumping or countervailing duty investigations.

An introduction to the united states department of commerce

The staff may also assist eligible small businesses with the filing process. How can I learn more about filing a petition? Additional information may be found at https: This document is for general information purposes only.

When interpreting and applying the law, readers should refer to the Tariff Act ofas amended, 19 U. United States Department of Commerce.The United States Department of Commerce is responsible for reviewing and controlling the export of certain goods and technologies from the United States to foreign countries.

The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. Among its tasks are gathering economic and demographic data for business and government decision-making, and helping to set industrial r-bridal.com executives: Wilbur Ross, Secretary, Karen Dunn Kelley, Acting Deputy Secretary.

Milestones: – - Office of the Historian

Introduction. John Milton Hay was He was offered the position as Secretary of State while the United States negotiated the peace treaty with Spain after winning the Spanish-American War.

He accepted the offer and entered into duty in September of United States Department of State. [email protected] United States and any corporation, partnership, association, joint-stock company, business trust, unincorporated organization, or sole proprietorship which has its principal place of business in the United States, or which is organized under the laws of a state of the United States, or a.

§ United States and Foreign Commercial Service (a) Establishment (1) In general. The Secretary of Commerce shall establish, within the International Trade Administration, the United States and Foreign Commercial Service.

The Secretary of Commerce shall establish, within the International Trade Administration, the United States and Foreign Commercial r-bridal.com Secretary shall, to the greatest extent practicable, transfer to the Commercial Service the functions and personnel of the United States and Foreign Commercial .

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