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USITC determines rubber bands are dumped in U.S.

The United States International Trade Commission (USITC) determined that there is a reasonable indication that a U.S. industry is threatened with material injury by reason of imports of rubber bands from China and Thailand that are allegedly subsidized and sold in the United States at less than fair value. The Commission further found that imports of rubber bands from Sri Lanka are negligible.

As a result of the commission's affirmative determinations, the U.S. Department of Commerce will continue with its antidumping and countervailing duty investigations concerning imports of rubber bands from China and Thailand, with its preliminary countervailing duty determinations due on or about April 26, and its antidumping duty determinations due on or about July 10. As a result of the commission's finding of negligibility, the investigation concerning Sri Lanka will be terminated.

The commission's public report, Rubber Bands from China, Sri Lanka and Thailand, Inv. Nos. 701-TA-598-600 and 731-TA-1408-1410 (preliminary), will contain the views of the commission and information developed during the investigations.

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Title Annotation:Market Focus
Publication:Rubber World
Geographic Code:9THAI
Date:Apr 1, 2018
Words:167
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