Taiwan – beneficiary of the US-China trade war.

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Photo by Belle Co on Pexels.com

According to the Taipei Times, a beneficiary of the US-China trade war may be Taiwan. With tariffs of 10-25% on goods from China, some of Taiwan’s tech companies are exploring options of moving back to Taiwan – specifically the city of Taoyuan. Taoyuan is half an hour south of Taiwan and home to the Taoyuan International Aiport (Chiang Kai-Shek (CKS) Airport).

Several Taiwanese companies such as iPhone assembler Pegatron, laptop maker Compal Electronics and Apple supplier Inventec are adding capacity in Taoyuan. Even Quanta Computer is back in Taiwan seeking factory land.

30 years ago, Pegatron, Compal, Inventec and Quanta along with countless other Taiwanese companies moved to China due to lower production costs. In fact, 15 of the top 20 exporters from China to the US in 2016 initially originated from Taiwan.

If you have any questions how the 232 or 301 duties may impact your business, contact experienced trade law attorney David Hsu at 832-896-6288 or by email at attorney.dave@yahoo.com

U.S. Department of Commerce Finds Dumping of Imports of Fine Denier Polyester Staple Fiber from China, India, Korea, and Taiwan.

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Image of denier polyester staple fiber courtesy of the Tianjin Glory Tang Technology Co., Ltd.

According to a U.S. Department of Commerce (Commerce) news release – the Commerce Department announced the affirmative final determinations in the antidumping duty (AD) investigations of imports of fine denier polyester staple fiber from China, India, Korea, and Taiwan.

Commerce determined that exporters from China, India, Korea, and Taiwan sold fine denier polyester staple fiber in the United States at less than fair value. The dumping margins determined by Commerce are as follows:

China – 65.17 – 103.06 percent
India – 21.43 percent
Korea – 0 – 45.23 percent
Taiwan – 0 – 48.86 percent

With today’s decision, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of fine denier polyester staple fiber from China, India, Korea, and Taiwan based on the final rates, as appropriate.

I find it ironic, one of the petitioners is Nan Ya Plastics Corporation, America – a company that previously imported fine denier polyester staple fiber.

One interested statistic in the Commerce release – the Trump administration has 114 new antidumping and countervailing duty investigations since the beginning of the administration compared to the the 64 initiations in the last 489 days of the previous administration.

If you are an importer of fine denier polyster staple fiber from China, India, Korea or Taiwan and have questions how this decision may impact your business, contact David Hsu at 832-896-6288 or by email at attorney.dave@yahoo.com.

January 11, 2018 – Initiation of Antidumping and Countervailing Duty Administrative Reviews.

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As posted in the Federal Register here, the U.S. Department of Commerce is initiating administrative reviews on multiple antidumping and countervailing duty orders:

Antidumping Duty Proceedings:
India: Welded Stainless Pressure Pipe A-533-876
Indonesia: Monosodium Glutamate A-560-826
Mexico: Certain Circular Welded Non-Alloy Steel Pipes and Tubes A-201-805
Mexico: Steel Concrete Reinforcing Bar A-201-844
Republic of Korea: Circular Welded Non-Alloy Steel Pipe A-580-809
Taiwan: Certain Circular Welded Non-Alloy Steel Pipe A-583-814
The People’s Republic of China: Diamond Sawblades and Parts Thereof A-570-900
The People’s Republic of China: Certain Hot-Rolled Carbon Steel Flat Products A-570-865
The People’s Republic of China: Fresh Garlic A-570-831
The People’s Republic of China: Monosodium Glutamate A-570-992
The People’s Republic of China: Polyethlene Terephthalate (Pet) Film A-570-924
The People’s Republic of China: Seamless Refined Copper Pipe and Tube A-570-964
United Arab Emirates: Polyethylene Terephthalate (Pet) Film A-520-803

Countervailing Duty Proceedings
India: Welded Stainless Pressure Pipe C-533-868
The People’s Republic of China: Certain Passenger Vehicle and Light Truck Tires 7 C-570-017
The People’s Republic of China: Chlorinated Isocyanurates C-570-991 1/1/16-12/31/16
Turkey: Steel Concrete Reinforcing Bar C-489-819

If you have any questions about administrative reviews or general antidumping and countervailing duty questions, feel free to call us at anytime: 832.896.6288 or contact us by email at attorney.dave@yahoo.com.

CBP seizes $110,000 in money from travelers going to Taiwan.

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According to a CBP Public Affairs release on December 12, 2017, U.S. Customs and Border Protection (CBP) officers at George Bush Intercontinental Airport in Houston (IAH) seized over $110,000 USD from a couple flying from Houston (IAH) to Taipei (TPE).

International travelers leaving or entering the US can carry an unlimited amount of money must report any currency (checks, cash, money orders, etc.) in any denomination (USD, Euro, Yen, RMB, NTD, etc.) over $10,000.

The travelers subject of the December 12th press release reported $50,000 to CBP but a subsequent search resulted in a total finding of $110,204. The money was seized by CBP and the travelers departed to Taiwan.

The press release also indicates that CBP seizes approximately $289,609 in undeclared or illicit currency each day at the various air, land, and sea ports of entry into the United States.

If you or anyone you know has had money seized at any airport, border crossing or seaport while entering or leaving the US, contact David Hsu at 713.932.1540 or by email at attorney.dave@yahoo.com for a free consultation.