Import duties to be levied in USA on laminated PP Woven sacks dumped by China

In a bid to restore fair competition in the US market, a decision has found laminated woven polypropylene sacks dumped and imports subsidized from China. By a 6-0 vote, the U.S. International Trade Commission (ITC) has affirmatively decided on a petition filed by US producers of laminated woven PP sacks against dumped and subsidized imports of these products from China. This decision implies that US importers of these products from China will be required to pay high duties to offset unfair pricing and Chinese government subsidies. Last month, the US Department of Commerce made affirmative antidumping and countervailing duty determinations with respect to these imported products. The dept. found that the margin of dumping ranged from 64.28% to 91.73%, and that the net subsidy rate ranged from 29.54% to 352.82%, depending on the identity of the Chinese producer. Consequently, import duties in these amounts will be imposed to offset dumping and the unfair advantage of government subsidies given to Chinese producers of these products. Because the antidumping and countervailing duties apply independently to imports of these products, the combined duties that will result from these measures will range from 93.82% to 444.55% of the customs value of the imported products, depending upon the identity of the Chinese producer.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha