Commerce Ratchets Up CVD Duties In Final Mexican Sugar Determination
The U.S. Department of Commerce roughly doubled the countervailing duty (CVD) rates against Mexican sugar exporters in a final determination on Thursday (Sept. 17), in what respondent lawyers saw as a veiled warning to Mexico not to do anything that would give the department cause to terminate existing suspension agreements. The antidumping (AD) rates on Mexican sugar remained roughly the same. While there is no immediate effect on Mexican exporters as a result of the change, the increased CVD rates...