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The US Department of Commerce (DOC) has recently unveiled an opportunity for stakeholders to apply for administrative review concerning anti-dumping and anti-subsidy taxes on select products imported from Vietnam. In particular, the focus lies on the examination of anti-dumping duties pertaining to frozen warm water shrimp.
Application Deadline and Guidelines
Under US law, interested parties must submit their review requests before February 29, 2024. The Trade Defense Department underscores the importance for relevant export associations and enterprises to proactively familiarize themselves with the regulations, orders, and procedures governing the review of anti-dumping and anti-subsidy taxes in the United States. Additionally, they are encouraged to notify the Trade Defense Department if there arises a necessity to review anti-dumping and anti-subsidy taxes, ensuring timely assistance.
It is imperative for all parties involved to fully cooperate with the US Investigation Agency throughout the review process. Non-cooperation or inadequate cooperation may lead to adverse consequences, such as the US Investigation Agency leveraging available evidence to the detriment of the party or imposing heightened anti-dumping and anti-subsidy duties.
Increasing Scrutiny on Vietnamese Exports
According to the Trade Defense Agency, as Vietnam’s production and export capabilities continue to grow, its exported goods are increasingly subjected to investigations and enforcement of foreign trade defense measures. In 2023 alone, Vietnam’s exported goods were at the center of 12 investigation cases, encompassing products like solar cells, wooden cabinets, certain steel products, and chemicals.
Despite encountering numerous challenges, including the diversification of products under investigation, expanding scopes of investigation, and rigorous investigation processes, Vietnam’s Ministry of Industry and Trade acknowledges the progress made in protecting the interests of Vietnamese export enterprises. Efforts by state agencies in issuing early warnings for goods at risk of investigation, providing businesses with information on investigation processes and response strategies, and collaborating with relevant associations and businesses in discussions with foreign investigation agencies have contributed to ensuring fair treatment in accordance with World Trade Organization regulations.