In today’s briefing:
- Ohayo Japan: US Big Tech Higher; Shipping Giants Join Hydrogen Supply Chain
- Mattress Imports – July Imports Drop Sharply; ITC Preliminary Finding Favors US Petitioners
Ohayo Japan: US Big Tech Higher; Shipping Giants Join Hydrogen Supply Chain
- OVERSEAS: Dow Jones falls 0.2%, Yields surge ahead of Friday Jobs report, Nvidia up almost 3%
- JAPAN: Nikkei futures -0.5% vs cash. Tankan (business sentiment) improved in the third quarter, particularly among big non-manufacturers, reaching levels not seen since 1991
- JAPAN X: Three Japanese Shipping Giants join Hydrogen Supply Chain. Japan is well on its way to achieving its hydrogen targets
Mattress Imports – July Imports Drop Sharply; ITC Preliminary Finding Favors US Petitioners
Somewhat belatedly, we update our continuing analyses on US mattress imports, with the July 2023 mattress import data as posted on the Department of Commerce, US International Trade Commission Data Web.
Importantly, we also discuss and comment on the progress of the July 2023 anti-dumping duty (AD) / countervailing duty (CVD) petition and the preliminary investigations by the USITC.
Following an August 18 conference, the USITC issued a Preliminary Findings and Staff Report that found “a reasonable indication that an industry in the United States is materially injured by reason of imports of mattresses” from 12 countries listed under New AD12 at the right.
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