On June 26, 2019, the U.S. Department of Commerce announced a preliminary anti-dumping ruling on polyester textured yarn imported from China and India. The preliminary ruling: (1) China compulsory The dumping rate of the respondent companies FujianZhengqi Hi-tech Fiber Technology Co., Ltd., Suzhou Shenghong Fiber Co., Ltd., Fujian Billion Polymerization Fiber Technology Industrial Co., Ltd. and their subsidiary companies Fujian Baikai Textile Chemical Fiber Co., Ltd. is 77.15%. Jiangsu Hengli Chemical Fiber Co., Ltd. obtained a separate tax rate of 76.07%. China’s general dumping rate is 77.15%. (2) The dumping rate of Indian manufacturers and exporters is 17.88-35.92%. The U.S. Department of Commerce is expected to announce the final ruling on this case on November 14, 2019. This case involves products under U.S. coordinated tariff numbers 5402.33.3000 and 5402.33.6000.
In the anti-dumping investigation, the U.S. Department of Commerce ruled that the Chinese companies involved in the case had an emergency situation and exported large quantities of the products involved in order to avoid the preliminary affirmative anti-dumping ruling. Therefore, the above ruling was decided The provisional anti-dumping duties will be retroactive to 90 days before the date when the preliminary ruling on this case is published in the Federal Register and will take effect on relevant Chinese companies involved in the case that declare to the U.S. Customs.
On November 8, 2018, in response to applications submitted by U.S. domestic enterprises Unifi Manufacturing, Inc. and NanYa Plastics Corporation, America on October 18, 2018, the U.S. Department of Commerce announced Launched a double-crossing investigation into drawn and textured yarn imported from China and India. On November 30, 2018, the U.S. International Trade Commission voted to make a preliminary ruling on anti-dumping and countervailing industry damage to drawn textured yarn imported from China and India. According to U.S. statistics, the total amount of products involved in the U.S. imports from China and India in 2017 was approximately US$35 million and US$19.6 million respectively.
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