U.S. commerce department decided to impose Anti-dumping duties (CVD) on imports of Citric Acid and Certain Citrate Salts from Belgium, Colombia, and Thailand accusing the countries of subsidizing those products. In a statement released on the commerce department website, U.S. Commerce Secretary Wilbur Ross has confirmed the affirmative final determination in the AD investigation, finding that exporters of those products have sold citric acid and certain citrate salts in the United States at 6.47 percent to 28.48 percent less than fair value. According to the statement, the U.S. Commerce will instruct U.S. Customs and Border Protection agency (CBP) to collect cash deposits from importers of citric acid and certain citrate salts from Belgium (19.3 percent), Colombia (28.48 percent), and Thailand (6.47 percent to 15.71 percent) based on these preliminary rates.
In 2017, imports of citric acid and certain citrate salts from Belgium, Colombia, and Thailand were valued at an estimated $9.4 million, $17.6 million, and $73.2 million, respectively.
President Trump’s Commerce Department, led by Secretary Wilbur Ross has initiated 114 AD/CVD investigations so far, which 78 percent more than issued by the Obama administration in the last 495 days.


Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment
FxWirePro: Daily Commodity Tracker - 21st March, 2022
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



