WASHINGTON (May 22, 2020) – The Department of Commerce’s Bureau of Industry and Security (BIS) announced it will add 24 governmental and commercial organizations to the Entity List for engaging in activities contrary to the national security or foreign policy interests of the United States. The entities, based in China, Hong Kong, and the Cayman Islands, represent a significant risk of supporting procurement of items for military end-use in China.
Today, U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determination in the antidumping duty (AD) investigation of 100- to 150-seat large civil aircraft from Canada. As AFA, Commerce applied the sole dumping margin calculated in the petition for Canadian exports of aircraft, which is 79.82 percent. This rate will apply to all other producers/exporters as well.
The Commerce Department will instruct U.S. Customs and Border Protection to collect cash deposits from importers of 100- to 150-seat large civil aircraft based on this preliminary rate.
“The United States is committed to free, fair and reciprocal trade with Canada, but this is not our idea of a properly functioning trading relationship,” said Secretary Ross. “We will continue to verify the accuracy of this decision, while do everything in our power to stand up for American companies and their workers.”
Although Canadian civil aircraft subject to this investigation have not yet been imported, an April 2016 press release announcing the sale of Canadian civil aircraft to a U.S. airline valued the order to be in excess of $5 billion.
The petitioner is The Boeing Company (IL).
Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20 through October 5, 2017, the Commerce Department has initiated 65 AD and countervailing duty (CVD) investigations – a 48 percent increase from the previous year, and a 16-year peak in the number of investigations initiated in a single fiscal year. The Commerce Department currently maintains 411 AD and CVD duty orders which provide relief to American companies and industries impacted by unfair trade.
Antidumping laws provide U.S. businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of dumping unfairly priced products into the United States.
Commerce is currently scheduled to announce its final AD determination in this investigation on December 19, 2017.
If the Commerce Department makes an affirmative final determination of dumping and the U.S. International Trade Commission (ITC) makes an affirmative final injury determination, Commerce will issue an AD order. If the Commerce Department makes a negative final determination of dumping or the ITC makes a negative final determination of injury, the investigation will be terminated and no order will be issued.
Connect to Business Opportunities in Southeast Europe
The markets of Southeast Europe are investing in infrastructure and market development. They represent an opportunity for U.S. companies to increase sales and find a strategic foothold to grow in Europe.
Join Trade Winds-Southeast Europe to connect to potential partners, government decision-makers, market experts, and companies that have succeeded in the region.
Opportunities await in Southeast Europe! The markets of Southeast Europe are rapidly investing in infrastructure, safety & security, cyber-security, energy & healthcare sectors (to name a few). In 2015, the value of US exports to the five countries of Bulgaria, Croatia, Greece, Romania and Serbia approached $2.4 billion.
These markets & industries hold strong opportunities for U.S. companies looking to increase sales and find a strategic foothold to grow in Europe…let Trade Winds get you there!
Meet trade experts from 20+ countries, all in one place!
Trade Winds is the only regional conference that gives you the ability to discuss one on one market potential and entry strategies for your products services without having to travel across Europe. Discuss opportunities with representatives from the following countries:
- • Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Spain, Sweden, Turkey, United Kingdom
(Reuters) – Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin, a deal President Donald Trump asserted would not have happened without his efforts.
The company said it plans to invest $10 billion over four years to build a 20-million square foot plant that could eventually employ up to 13,000.
Trump praised Foxconn chairman Terry Gou at a White House event, asserting: “If I didn’t get elected, he definitely wouldn’t be spending $10 billion … This is a great day for America.”
Wisconsin Governor Scott Walker said at the White House his state will award $3 billion in incentives and sign a memorandum of understanding on the investment on Thursday.
He told reporters at the White House the state legislature will need to approve the $3 billion incentives package. About half is for capital costs and nearly half for workforce development. There are also some sales tax exemption incentives.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd (2317.TW), said in a statement that the investment “signifies the start of a series of investments by Foxconn in American manufacturing in the coming years.”
But Foxconn has had a mixed record following up on promises to create new jobs in the United States.
In 2013, Foxconn said it would invest $30 million and hire 500 workers for a new factory in Pennsylvania, but that facility was never completed. Foxconn has another small operation in Pennsylvania.
Foxconn, a major supplier to Apple Inc (AAPL.O) for its iPhones, said last month it plans to invest more than $10 billion in a display-making factory in the United States.
Wisconsin’s tax incentives would be awarded over 20 years if Foxconn meets hiring targets, officials said Wednesday.
Walker said the plant was the largest economic development project in the state’s history.
White House Chief of Staff Reince Priebus told a Wisconsin TV station that Trump was aboard Marine One over Kenosha, Wisconsin, in April and spotted the site of a former Chrysler plant.
When Foxconn executives met with Trump in the Oval Office, “the president said I know a good spot where you should go — that place in Kenosha,” Priebus recounted.
Walker said Foxconn is considering several sites in southeast Wisconsin and will announce a final site soon.
Trump has called for companies to build more products in the United States and open additional plants. He has made several announcements since his election in November about U.S. investments by both foreign and domestic manufacturers, building on his campaign focus on boosting American jobs. Some of those announcements sought to take credit for previously announced investments.
Asia Nuclear Business Platform will be held for the 5th consecutive year in Shanghai from May 16-18, 2017.
The past four editions of the event have seen tremendous support from U.S., Asia and International companies.
According to a recent report from the World Nuclear Association, nuclear power generation between 2014 to 2025 is projected to grow by 1400 GWe, over 120 GWe per year, which will account for 46% of the world’s new capacity. Much of this growth will be in China, Japan, India and Korea. The nuclear share of this to 2020 is expected to be considerable in three of those countries, especially if environmental constraints limit fossil fuel expansion nuclear business transactions.
Connect, interact and network with over 150 industry experts exploring NPP new build in Asia and 50+ international industry experts with a combined 100+ reactor years of experience.
Edward McGinnis, Deputy Asst. Secretary, Office of Nuclear Energy, US Department of Energy has confirmed his attendance.
This year’s show will feature a site visit to the Shanghai Electric manufacturing base, which is the biggest nuclear equipment manufacturing base in China.
There will be multiple sessions tailored to financing and risk management, localisation, human resource development and licensing.
For more information, please visit the event website at [http://www.nuclearbusiness-platform.com/asia/].
Tuesday, March 7 – Friday, March 10
Las Vegas, NV
Las Vegas Convention Center
Exhibits 9 a.m. to 5 p.m.
Saturday, March 11
Exhibits 9 a.m. to 3 p.m.
* Times are Pacific Standard Time (PST).
The International Fluid Power Exposition (IFPE) returns every three years to showcase the latest innovations and expertise in the fluid power, power transmission and motion control industries.
Attendance by Job Title
Las Vegas welcomes IFPE 2017 to the Las Vegas Convention Center, March 7-11, 2017. No other show brings as many sectors of the fluid power, power transmission and motion control industries together in one place. IFPE is co-located with CONEXPO-CON/AGG 2017, the largest international gathering place for the construction industries.
You’ll have access to the latest products and innovations from over 450 exhibitors. IFPE 2017 features product concentration areas, making it easy for attendees to locate specific products, services and exhibitors of interest. Exhibitor product categories include:
Attendee Primary Interest
- Electrical & Mechanical Power Transmission
- Industrial Hydraulics
- Mobile Hydraulics
- Water Hydraulics
From suppliers to service providers, engineers and manufacturers, IFPE brings fluid power professionals from across all disciplines. No other show’s attendees represent more sectors of the fluid power industry than IFPE.
- Agricultural Engineering
- Amusement Machinery
- Automotive Mfg./Supplier
- Chemical & Petroleum Processing
- Electrical Machinery
- Engineering Services
- Factory Automation
- Fluid Power Products
- Industrial Truck Tractor & Stacker
- Instruments, Controls
- Machine Tools
- Material Handling
- Metal Processing
- Off-Highway Vehicles
- On-Highway Vehicles (not autos)
- Plastics/Rubber Working Machinery
- Power Transmission
Orlando, Nov 1st, Join 27,000 industry professionals for the most important three days of business aviation today. Ranked as the sixth largest trade show in the United States, the Business Aviation Convention & Exhibition (NBAA-BACE) held on Nov. 1–3, 2016, in Orlando, Florida, bringing together current and prospective aircraft owners, manufacturers and customers into one meeting place to get critical work accomplished.
NBAA’s Business Aviation Convention & Exhibition (NBAA-BACE) is the year’s most significant media event for the business aviation industry. This event brings together business leaders, government officials, manufacturers, corporate aviation department personnel and all manner of people involved in nearly all aspects of business aviation.
Roughly 27,000 business aviation industry professionals are expected to converge on Orlando, FL Nov. 1-3 for NBAA’s 2016 Business Aviation Convention & Exhibition (NBAA-BACE). For the Orlando area, whose economy depends heavily on travel and tourism, including a booming convention business, NBAA-BACE is a major contributor to the area’s economy.
Ranked as one of the largest trade show in the United States, NBAA-BACE brings together current and prospective aircraft owners, manufacturers and customers into one meeting place to survey the latest aviation product offerings, network with peers and accomplish critical work.
According to the Orlando County Convention Center (OCCC), the show will have an estimated overall economic impact on the area of $51.2 million. NBAA attendees will utilize 46,100 total hotel room nights, with 10,000 nights booked during the peak period, according to OCCC.
“The Orange County Convention Center is honored to host the prestigious NBAA conference,” said OCCC Executive Director Kathie Canning. “We have enjoyed an outstanding relationship with NBAA and are excited to continue to provide their leadership, exhibitors and attendees with all of the amenities that our convention center and community have to offer.”
NBAA last held the convention in Orlando in 2014, and the show is scheduled to return to Orlando in 2018. NBAA-BACE feature more than 1,100 exhibits and two static aircraft displays, as well as more 50 educational seminars.