Vietnam Hangers: ITA Announces Final Decision on Dumping, Subsidization
The International Trade Administration found dumping and illegal subsidization by exports of steel wire garment hangers from Vietnam (A-552-812 / C-552-813) in its final determinations from the antidumping and countervailing duty investigations, it announced. AD rates in the final determination for Vietnamese exporters range from 150.83 to 214.51 percent, as adjusted for export subsidies. CV rates range from 31.58 to 90.42 percent. The International Trade Commission is set to make its final injury determination by Jan. 31, and AD/CV duty orders will issue if the ITC finds injury.
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The ITA previously found critical circumstances exist for some companies in both the AD and CV duty investigations. Cash deposits for exports from these companies will be collected retroactive 90 days from the date of the preliminary determination. There will be a gap period of no CV duty liability.
In 2011, imports of steel wire garment hangers from Vietnam were valued at an estimated $32 million, the ITA said.
(See ITT’s Online Archives 12080125 and 12060143 for summary of the preliminary AD and CV duty determinations, respectively.)