Area
United States of America
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/02/2018
Policy Category
Trade
Policy Instrument
Import policy - trade dispute
Description
Set final anti-dumping duties for biodiesel imports from Argentina and Indonesia (in addition to the countervailing duties imposed in November 2017).
Notes
The U.S. Department of Commerce (DOC) issued its final determinations in the anti-dumping duty investigations of biodiesel imports from Argentina and Indonesia (see also MPPU Dec.17). DOC determined that Argentine and Indonesian exporters sold biodiesel in the United States at, respectively, 6086 percent and 93277 percent less than fair value. Accordingly, the countrys customs offices will be instructed to collect cash deposits from importers based on those final rates. DOCs determination remains subject to a second ruling by the U.S. International Trade Commission (expected on 6 April 2018) on whether U.S. biodiesel producers were injured by dumped imports. According to media reports, Argentina and Indonesia are considering to file cases against DOC at both the WTO and the U.S. Court of International Trade. It is important to note that the above anti-dumping duties have come in addition to final anti-subsidy (or countervailing) duties imposed last year on the same products (see MPPU Dec.17). With combined rates of up to 159 percent for Argentine biodiesel and 341 percent for Indonesian produce, imports from the two countries are expected to come to a halt.
