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US announces final ruling on anti-dumping and anti-subsidy of polyester textured yarn from China
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US announces final ruling on anti-dumping and anti-subsidy of polyester textured yarn from China

Views:1     Author:Site Editor     Publish Time: 2019-12-19      Origin:Site

On November 14, 2019, the US Department of Commerce announced anti-dumping and anti-subsidy finals for Polyester Textured Yarn imported from China and India: (1) Jiangsu Hengli Chemical Fiber Co., Ltd.) Co., Ltd. received a separate tax rate of 76.07%. The general dumping rate in China is 77.15%; the subsidy rate of Fujian Billion Polymerization Fiber Technology Industrial Co., Ltd. is 32.18%, the subsidy rate of Suzhou Shenghong Garmant Development Co. is 472.51%, and the subsidy rate of Suzhou Shenghong Fiber Co., Ltd., Jiangsu Shenghong Textile Imp & Exp Co. and Jiangsu Huahui Import and Export Co., Ltd. is 473.09%. The subsidy rate of other producers and exporters is 32.18%. (2) India's mandatory responding enterprise JBF Industry's dumping rate is 47.51%, Reliance Industry's dumping rate is 17.62%, and other manufacturers and exporters' dumping rate is at 17.62%; India's mandatory responding company JBF The subsidy rate of Industries, Limited is 21.83%, the subsidy rate of Reliance Industries, Limited. is 4.29%, and the subsidy rate of other producers and exporters is 4.65%. The US International Trade Commission (USITC) is expected to make a final ruling on industrial damage in this case on December 30, 2019. The case involved the goods in the United State under Hs code 5402.33.3000 and 5402.33.6000.

In the anti-dumping and anti-subsidy investigations in this case, the US Department of Commerce ruled that there were emergency cases in which Chinese companies involved in the case had to export a large number of products involved in order to avoid the affirmative final result. Therefore, it is decided to implement double-reaction measures on the products involved in the customs declaration of the above-mentioned enterprises. The effective date will be traced back to 90 days before the date of the preliminary ruling of the case.

On November 8, 2018, in response to an application filed by the US domestic company Unifi Manufacturing, Inc. and NanYa Plastics Corporation, America on October 18, 2018, the US Department of Commerce announced the launch of anti-dumping and anti-subsidy on textured yarn imported from China and India. On November 30, 2018, the US International Trade Commission voted on the preliminary ruling on anti-dumping and anti-subsidy industries damage to textured yarns imported from China and India. On April 29, 2019, the US Department of Commerce announced a countervailing preliminary ruling on textured yarns imported from China and India. On June 26, 2019, the US Department of Commerce announced an anti-dumping preliminary ruling on textured yarns imported from China and India.

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