Pursuant to the requirements of the Continued Dumping and Subsidy Offset Act (CDSOA), CBP identified nearly $19 million in Fiscal Year 2014 for distribution to the domestic crawfish industry. The statements are currently being prepared and distributions will be made by the November statutory deadline. Final distribution amounts are subject to change and could be impacted due to ongoing litigation. CDSOA was passed on October 28, 2000 and remained effective until October 1, 2007. The provisions of this act allow for anti-dumping and countervailing (AD/CV) duties collected by CBP to be disbursed to domestic producers injured by foreign dumping and subsidies.
When the Department of Commerce finds that imported merchandise was sold in the U.S. at an unfairly low or subsidized price, to level the playing field for U.S. companies injured by these unfair trade practices, CBP is responsible for collecting the Antidumping and Countervailing Duties.
The goal of Antidumping and Countervailing Duties as a CBP Priority Trade Issue is to detect and deter circumvention of the law, to liquidate final duties timely and accurately, while at the same time facilitating legitimate trade. More on Antidumping and Countervailing Duties can be found on CBP.gov.