On February 14, 2024, antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Melamine from Germany, India, Japan, the Netherlands, Qatar, and Trinidad and Tobago. The petitions were filed on behalf of Cornerstone Chemical Company. Melamine is used to produce surface coatings and laminates that are used in products like kitchen and
All glory is fleeting. — George S. Patton Jr. Had an interesting conversation with a client the other day. To protect identities, I am going to change a few unimportant facts and be somewhat vague, but here goes. The Unpredictability of Government-Dependent Business This company is in an industry very much related to government. By
In a world where the only constant is change, the landscape of international business stands at a critical juncture. As we turn the pages of recent history marked by the COVID-19 pandemic and the Ukraine conflict, it’s evident that unforeseen events continue to shape the global economy in profound ways. How can businesses navigate this
United States Corporate Transparency Act (CTA) With the commencement of the new year, the recently implemented Corporate Transparency Act (CTA) is now in full force. In recent years, many so-called “tax haven” countries, to avoid black- or grey-listing by the US Treasury Department, have had to increase their beneficial ownership transparency. The CTA brings the
On December 29, 2023, antidumping (AD) and countervailing duty (CVD) petitions were filed against Glass Wine Bottles from China, Mexico, and Chile. The petitions were filed by the U.S. Glass Producers Coalition, which is comprised of Ardagh Glass Inc., and the union representing workers at the glass factories of Ardagh and two other U.S. producers
Recently I spoke with some good friends in the finance space about the global economy, China, and debt capital. One is a vice president and underwriter at a US East Coast private equity firm. The other is the owner of an investment banking firm in the midwestern US. They are steeped in the finance world,
On December 10, Argentina will be swearing in a new president, Javier Milei. As one would expect in the case of someone nicknamed El Loco, Milei leaves no one indifferent, and surely his every move once in office will be closely monitored. His China policies will be no exception. Shortly after his election – in
New AD/CVD Petitions: Aluminum Extrusions On October 4, 2023, antidumping (AD) and countervailing duty (CVD) petitions were filed against Aluminum Extrusions from fifteen countries, Colombia, the Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, the People’s Republic of China, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The petitions were filed by
The Chinese Manufacturing Times Are a Changin’ For companies buying products from China, doing business used to be straightforward – you placed an order, they shipped the goods. Those days are gone. Chinese manufacturers are struggling, and buyers who understand the new landscape can negotiate deals that were unimaginable just a few years ago. Play
The Power of Well-Crafted China Contracts In The High Cost of China Contract Mistakes, I discussed the importance of having the right person craft your China contracts. I am often asked (usually right after I quote our fee) whether a China contract I am proposing to write “is even enforceable in China.” I always give
