ANTI-DUMPING DUTY UPDATE: On June 27, 2024 the US Department of Commerce completed the final determination of the AD and CVD investigation on certain pea protein from China. The Department of Commerce will upload the unpublished Federal Register notices and Decision Memoranda to the respective case files in its Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS) shortly and intends to upload the disclosure documents within five days of this announcement of the final determinations. Additionally, the ITC is still in the process of finalizing its damage determination for this product. A final determination will be announced around August 12, and once the ITC announces the damage results, the duty rate will be settled. As it currently stands, AD duties range from 111% - 280% and are retroactive from a date to be determined upon conclusions of the ITC investigation. The Counter Vailing Duty Rate announced in December ranging from 15% - 356% also applies. Importers will be responsible for both the CVD and AD. Freemen Nutra maintains a strong supply chain and is here to meet your pea protein sourcing needs. For a turnkey and cost effective solution, ask us for a sample of our Pea Protein Replacement Premix! For more information or any questions, please contact your sales rep or info@freemennutra.com. You can also visit us at IFT this week, booth 4006.
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Healthcare Consulting ✦CME Innovator ✦Medical Journal Published Author ✦Sales & Marketing Award Winner ✦MHA & MBA
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Interested in learning how the AD/CVD decision will impact your business? Sign up for a webinar using the link below. This webinar will help outline the implications surrounding the decision to impose antidumping and countervailing duties on imports of pea protein.
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