Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Dollar Holds Near Two-Month High as Yen Approaches 160 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Agrees to Buy 20 Million Tons of U.S. Coal 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Add as a preferred source on Google
Yesterday, the U.S. Commerce Department announced that it has concluded its investigation into cast iron soil pipe imports from China and the department has found that exporters from China received countervailable subsidies ranging from 13.11 to 111.20 percent. The department has asked the U.S. customs and border protection agency (CBP) to collect cash deposits from importers based on the above preliminary rates. The final result of the investigation will be announced on 8th November 2018. However, the final outcome is unlikely to change by much.
The investigation was initiated based on a petition filed by Cast Iron Soil Pipe Institute of Illinois. According to the department’s calculation, the imports of cast iron soil pipe from China were valued at $11.5 million in 2017.
The Commerce Department has significantly stepped up AD & CVD (Countervailing duties) investigations and actions under the Trump administration. The number of investigations initiated and settled is 59 percent more than the previous administration.
