Textile Industry Withdraws ITC Petition for Tariffs on China Upholstery Imports
A press source states that the National Textile Association quickly withdrew its petition that was filed on July 15, 2011 at the International Trade Commission on behalf of the U.S. upholstery textile manufacturing industry. They had alleged unfair pricing of…
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upholstery fabric imports from China from 2001-2010, saying they were a significant cause of material injury to the U.S. industry. The NTA requested a 125% tariff on chenille upholstery fabric and a 75% tariff on other upholstered fabrics cited in the petition. The petition also claimed that China subsidizes its textile producers and keeps Chinese currency undervalued.