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of <h1>Ministry imposes countervailing duties on copper wire rods from four Asian countries under tariff heading 7408</h1> The Ministry of Finance imposed countervailing duties on continuous cast copper wire rods from Indonesia, Malaysia, Thailand, and Vietnam under customs tariff heading 7408. The designated authority determined that cessation of duties would likely lead to continued subsidization and injury to domestic industry. Duty rates vary by country and producer, ranging from nil to 10.27% of landed value. Specific producers receive different rates, with some exempted entirely. The duties apply for five years from publication date and supersede previous notification from January 2020. The scope includes copper wire rods in coil form, both above and below 6mm diameter.
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