Trade Trade

US Commerce must reduce antisubsidy rate for PTFE resin from India, recalculate alleged land subsidies, CIT says

By Laina S. Miller
  • 25 Jan 2023 17:15
  • 25 Jan 2023 17:15
The US Court of International Trade ordered the Commerce Department to recalculate its antisubidy duty rate for Indian polytetrafluoroethylene, or PTFE, resin in a remand order issued yesterday.

According to CIT Judge Timothy C. Stanceu, “the inclusion of the 26.50% estimated subsidy rate with respect to the [government subsidized] land lease

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