Overseas Updates
On Nov 12, 2025, India’s Revenue Dept issued Notice 32/2025 Customs (ADD), accepting the Aug 13, 2025 positive anti-dumping final ruling on Vietnam-origin alloy/non-alloy hot-rolled steel plates (thickness ≤25mm, width ≤2100mm, excluding stainless steel, under codes 7208-7226). It imposes 5-year duties: 0 for Hoa Phat Dung Quat Steel JSC, 121.55 USD/ton for others, effective on gazette publication. The probe started in Aug 2024 via ISA’s application.
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US tariff policies are impacting European high-end manufacturing (luxury goods, cars, watches), with companies like LVMH, Gucci, Porsche and Swatch seeing revenue/profit drops. US consumer confidence is suppressed, and the industry faces growing uncertainty.
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The German Economic Expert Committee (Five Wise Men) lowered 2026 Germany GDP growth forecast to 0.9% (from spring's 1.0% and govt's 1.3%), citing global changes, domestic adjustments etc. It calls for efficient use of 500B euro SVIK fund, with inheritance tax reform disputes.
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On November 9, 2025, Peru issued a positive final ruling on the third sunset review of anti-dumping on US-origin biodiesel (including B100 and blends over 50% biodiesel), deciding to maintain current anti-dumping duties. The measures take effect June 26, 2025 for five years. Peru first initiated the investigation in 2009, with two prior sunset reviews (2016, 2020) and the third initiated in Feb 2025. The product's tax number is 3826.00.00.00.
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On November 10, 2025, Mexico's Ministry of Economy issued a final negative anti-dumping review ruling on I-shaped/H-shaped steel beams (vigas de acero tipo I y H) from Spanish company AMOB, deciding not to impose anti-dumping duties. The measures take effect the day after announcement. Involved TIGIE tax numbers: 7216.32.99, 7216.33.01. Background includes prior investigations (2021 initiation, 2023 positive ruling, 2024 review initiation, 2025 preliminary ruling).
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On Nov 10, 2025, Mexico's Ministry of Economy issued a final negative anti-dumping period review ruling on Spanish AMOB's I/H steel beams, deciding no anti-dumping duties. Involved TIGIE tax numbers: 7216.32.99, 7216.33.01. Measures take effect the next day.
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On November 11, 2025, the Eurasian Economic Commission initiated anti-dumping investigations on new inflatable rubber tires (rim diameter 17.5-24.5 inches for trucks/buses etc.) originating from Thailand and Vietnam, per its announcement and order.
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At the 8th CIIE in Shanghai, WTO Deputy DG Johanna Hill notes the global trading system expands under pressure, shows resilience, and proposes 3 WTO reform principles. WTO forecasts 2024 goods trade growth 2.4%. China’s decision to not seek new WTO special and differential treatment is praised.
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On Nov 7, 2025, India's Revenue Department issued Notice No.31/2025 Customs (ADD) accepting the 3rd anti-dumping sunset review final ruling by its Commerce Ministry on Aug 8, 2025, to continue 5-year anti-dumping duties on linen fabrics (≥50% flax content) from China (mainland) and Hong Kong SAR (USD2.36/m for mainland, USD1.14/m for HK, customs code 5309), effective from gazette publication. It also reviews the case history since 2008.
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On November 9, 2025, Peru's CDBINDECOPI issued Announcement No.199-2025, terminating temporary anti-dumping duties on Chinese 5.5-16mm non-alloy steel wire rods starting November 10, 2025. Peru initiated the investigation in Jan 2025, made a preliminary ruling in July 2025, and now ends the measure.
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On October 30, 2025, Argentina's Ministry of Economy issued Announcement No.1680, making a negative final ruling on the sunset review and change of circumstances review of anti-dumping measures on Chinese-origin PVC profiles (tax number 3916.20.00) for doors/windows/partitions, deciding not to continue the measures, effective from publication.
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On November 7, 2025, the European Commission initiated a countervailing investigation into China-origin lightweight thermal paper, responding to the European Thermal Paper Association's September 24, 2025 application, involving specific EU CN/TARIC codes, with subsidy investigation period Oct 1, 2024 - Sep 30, 2025 and damage investigation period Jan 1, 2022 - end of subsidy period.
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