Today, October 4, 2023, the U.S. Aluminum Extruders Coalition and the United Steelworkers (USW) union filed antidumping (AD) and countervailing duty (CVD) petitions against extruded aluminum imports claimed to be (a) dumped – i.e., sold into the United States at less than fair normal value prices and (b) government subsidized. The AD petitions cover China, … Continue Reading
On July 28, 2023, U.S. mattress producers filed a third-wave of antidumping (AD) and countervailing duty (CVD) petitions against certain mattress imports, claimed to be (a) sold into the United States at less than normal value (i.e., at unfairly low prices, that are below home or third-country market prices or below cost plus reasonable profit) … Continue Reading
On May 31, 2023, Novolex and union workers filed antidumping duty (AD) petitions against certain paper shopping bags imports claimed to be sold into the US at less than normal value (i.e., at unfairly low prices, such as below cost or home or third-country prices) and requested the imposition of AD import duties of: Offsetting … Continue Reading
Status: Clearance Acquirer: Foxconn Ventures Pte. Ltd. (Singapore); Hon Hai Technology Group (Taiwan) Acquired: Lordstown Motors Corp. (United States) Value: $52.7 Million (Initial Closing) and approximately $47.3 Million (Second Closing) Industry Tags: Electric Vehicles… Continue Reading
On January 18, 2023, Cleveland-Cliffs Inc. and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, filed a petition to impose (a) antidumping (AD) duties on imports of Certain Tin Mill Products from Canada, China, Germany, Netherlands, South Korea, Taiwan, Turkey and the United Kingdom; and, (b) countervailing … Continue Reading
Status: Clearance; Mitigation Acquirer: FIT Hon Teng Limited (Cayman Islands; Hong Kong SAR, China; Taiwan) Acquired: Belkin International, Inc. (US) Value: Approximately US$866 Million Industry: Technology; Consumer Electronics… Continue Reading
Both chambers of the U.S. Congress recessed last week after passing a Continuing Resolution to fund the U.S. Government until April. The 114th Congress stands adjourned for the year. The 115th Congress will convene on Tuesday, 3 January 2017. China – Trump’s Call with Taiwan. In an interview that aired on Sunday, President-Elect Donald Trump … Continue Reading
Status: Clearance Acquirer: ASML Holding NV (The Netherlands) Acquired: Hermes Microvision, Inc. (Taiwan) Value: Approx. NT$100 billion (US$3.1 billion) Industry: Semiconductors ASML Holdings NV, a Netherlands company that manufactures “chip-making equipment,” announced on October 26, 2016, that it received all necessary regulatory clearance, including from the Committee on Foreign Investment in the United … Continue Reading
Iran – Sanctions Measure Advances. Last week, the Senate passed the Iran Sanctions Extension Act (H.R. 6297) by a vote of 99-0, sending the measure to President Obama’s desk. Members of Congress and Administration officials have said they do not believe renewal of the Iran Sanctions Act (ISA) would violate terms of the nuclear agreement … Continue Reading
Status: Withdrawn and Abandoned Acquirer: San’an Optoelectronics Co., Ltd. (China) Target: GCS Holdings, Inc. (Caymen Islands) / Global Communications Semiconductors, LLC (California) Value: US$226 million Industry: Semiconductors On August 1, San’an Optoelectronics Co., Ltd., announced that its subsidiary, Xiamen San’an Integrated Circuit Co., Ltd., had agreed with the Taiwan publicly traded company GCS Holdings … Continue Reading
