U.S. DEPARTMENT OF COMMERCE FINDS DUMPING AND COUNTERVAILABLE SUBSIDIZATION OF IMPORTS OF WOODEN CABINETS AND VANITIES FROM CHINA

U.S. DEPARTMENT OF COMMERCE FINDS DUMPING AND COUNTERVAILABLE SUBSIDIZATION OF IMPORTS OF WOODEN CABINETS AND VANITIES FROM CHINA
https://www.trade.gov/press-release/us-department-commerce-finds-dumping-and-countervailable-subsidization-imports-wooden

For Immediate Release
February 24, 2020
Contact: Office of Public Affairs
Phone: 202-482-3809
WASHINGTON – Today, the U.S. Department of Commerce announced affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of wooden cabinets and vanities from China.

Commerce determined that producers and/or exporters from China have sold wooden cabinets and vanities at less than fair value in the United States at rates ranging from 4.37 percent to 262.18 percent.

In addition, Commerce determined that producers and/or exporters from China received countervailable subsidies at rates ranging from 13.33 percent to 293.45 percent.

 

In 2018, imports of wooden cabinets and vanities from China were valued at an estimated $4.4 billion.

 

The petitioner in this case is the American Kitchen Cabinet Alliance.

 

The strict enforcement of U.S. trade law is a primary focus of the Trump administration. Since the beginning of the current administration, Commerce has initiated 201 new AD and CVD investigations – this is a 172 percent increase from the comparable period in the previous administration.

 

AD and CVD laws provide American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of unfair pricing of imports into the United States. Commerce currently maintains 516 AD and CVD orders which provide relief to American companies and industries impacted by unfair trade.

 

The U.S. International Trade Commission (ITC) is currently scheduled to make its final injury determinations on or about April 6. If the ITC makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated, and no orders will be issued.

 

Read the fact sheet on today’s decisions.

 

The U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade laws and does so through an impartial, transparent process that abides by international rules and is based on factual evidence provided on the record.

 

Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to AD duties. Foreign companies that receive countervailable subsidies from their governments, such as grants, loans, equity infusions, tax breaks, or production inputs, are subject to CVD duties aimed at directly countering those subsidies.

如无特殊说明,文章均为本站原创,转载请注明出处。If there are no special instructions, the articles are original, if you want to use or reproduce, please indicate the original source www.plywoodinspection.com,If you find that our articles infringe on your copyrights and interests, please email us at info@plywoodinspection.com in time and we will delete it at the first time.

Check Also

2020 World of Wood Convention Will be Held as Virtual Meeting Due to Coronavirus

2020 World of Wood Convention Will be Held as Virtual Meeting Due to Coronavirus   …

Leave a Reply

Your email address will not be published. Required fields are marked *