US: USITC to issue duties on hangers from Vietnam
The US International Trade Commission (USITC) will issue antidumping and countervailing duty orders on steel wire garment hangers from Vietnam.
The USITC determined that the US industry is materially injured through the import of steel wire garment hangers Vietnam that the US Department of Commerce says are subsidised and sold in the United States at less than fair value.
In June, the Department of Commerce announced a preliminary ruling that Vietnam has unfairly subsidised its wire hanger exporters, allowing them to sell their products in the US at below market prices.
It said it may impose countervailing duties of between 11.03% and 21.25%. Hanger manufacturers Haminco and Cao Quy may receive anti-subsidy duties of 21.25% and 11.03% respectively, with all other Vietnamese producers and exporters potentially receiving a duty of 16.14%.
Vietnam is the US's largest supplier of steel wire hangers, exporting some US$29.8m worth in 2010 and $31.9m in 2011.
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