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Russia

(Daily News)
October 23, 2014

The Commerce Department's decision this week to impose significant antidumping (AD) duties on Russian hot-rolled steel exports within two months by terminating a 15-year old suspension agreement could substantially curtail Russian sales to the U.S. market for at least two years because of the resulting price increases, according to private-sector sources.


(Daily News)
September 18, 2014

Sanctions imposed by the Obama administration last week hit five major Russian energy firms to the point that they are impaired in their ability to offset falling oil production in existing fields with deepwater, Arctic offshore and shale oil exploration. The administration has also effectively banned five Russian defense firms from doing any business with a U.S. entity and cut them off from the U.S. financial system.

 


(Daily News)
September 17, 2014

A representative of U.S. companies pressing for Congress to renew the Generalized System of Preferences (GSP) has made clear that U.S. businesses are willing to accept a renewal bill that does not retroactively refund duties on imports from Russia, but said the other hurdle to passage -- how the legislation would be offset -- remains unresolved.


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