Commerce Begins AD/CV Duty Investigations on PET Resin From Four Countries
The Commerce Department is beginning antidumping and countervailing duty investigations on polyethylene terephthalate resin from China, India, Oman and Canada (AD only), it said in a fact sheet released March 31 (here). A group of U.S. paper manufacturers and a…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
trade union requested the investigations on March 10, alleging that underpriced imports of PET resin from the four countries have led to "anemic" capacity utilization by U.S. manufacturers, and have had a "negative effect on domestic industry employment" (see 1503130026). The International Trade Commission is set to make its preliminary injury determination by April 24. These AD/CV duty investigations will only continue if the ITC finds injury. ITT will provide more details upon publication of the initiation notice in the Federal Register.