Welcome
International Trade News

Hyundai Loses Appeal of U.S. Power Transformer Duty Rate

Sept. 8, 2020, 4:12 PM

Hyundai Heavy Industries Co. lost its appeal of the U.S. duty rate on certain imports of its large power transformers, as the Federal Circuit affirmed an agency determination that Hyundai didn’t fully cooperate with a duty review.

The U.S. maintains antidumping duties on large power transformers from South Korea. The Commerce Department completed a periodic review of these duties, covering imports that entered the U.S. between August 2014 and July 2015. The department calculated a 60.81% dumping margin and corresponding duty rate for Hyundai’s transformers.

Hyundai challenged these review results, and the U.S. Court of International Trade ordered Commerce back...

To read the full article log in. To learn more about a subscription click here.