The Ministry of Economy of Mexico has extended the antidumping duty of USD 490 per tonne on imports of wire rod manufactured in China or the same product imported into Mexico from any other country. The ministry announced “As of 20 January 2023, the validity of the definitive compensatory quota is extended for five more years, counted from 29 July 2021.”The antidumping duty has been applied since July 2016 and as established by the rules of the World Trade Organization, the validity of an antidumping duty is five years. Therefore in October 2020, the Mexican government summoned the interested parties to participate in the analysis to assess the validity of countervailing duties.The tariff will be charged to the wire rod that enters Mexico from China through the tariff sections: 7213.10.01, 7213.20.91,7213.91.03, 7213.99.99, 7227.10.01,7227.20.01 and 7227.90.99, and also to the imported under the Eighth Rule through tariff fractions 9802.00.01,9802.00.07, 9802.00.13, 9802.00.19 and 9802.00.23 of the Tariff of the General Import and Export Tax Law
The Ministry of Economy of Mexico has extended the antidumping duty of USD 490 per tonne on imports of wire rod manufactured in China or the same product imported into Mexico from any other country. The ministry announced “As of 20 January 2023, the validity of the definitive compensatory quota is extended for five more years, counted from 29 July 2021.”The antidumping duty has been applied since July 2016 and as established by the rules of the World Trade Organization, the validity of an antidumping duty is five years. Therefore in October 2020, the Mexican government summoned the interested parties to participate in the analysis to assess the validity of countervailing duties.The tariff will be charged to the wire rod that enters Mexico from China through the tariff sections: 7213.10.01, 7213.20.91,7213.91.03, 7213.99.99, 7227.10.01,7227.20.01 and 7227.90.99, and also to the imported under the Eighth Rule through tariff fractions 9802.00.01,9802.00.07, 9802.00.13, 9802.00.19 and 9802.00.23 of the Tariff of the General Import and Export Tax Law