Importers of oil country tubular goods (an industry term that refers to petroleum processing equipment) must now pay provisional SIMA duties on certain types of those products which originated in or were exported from Mexico. This announcement will increase the cost of doing business for these companies.
The CBSA reached a preliminary determination of dumping of these goods on September 28th, 2021. You can find full details of the agency’s preliminary determination here. Now, the Canadian International Trade Tribunal (CITT) will investigate whether dumping these goods has injured Canadian producers or if it threatens to cause injury. You can find details of the CITT injury inquiry on the CITT website.
Please contact your Livingston account representative should you have any questions.