ITA Announces Final AD/CV Rates for Korea & Mexico Large Residential Washers
Korean exports of large residential washers to the U.S. are being dumped and subsidized, and Mexican exports dumped, said the International Trade Administration, announcing its final determination in the antidumping and countervailing duty investigations. AD cash deposit rates for Korean and Mexican large residential washers range from 9.23 to 79.11 percent, and 36.52 to 72.41 percent, respectively. CV cash deposits for Korean large residential washers range from de minimis to 72.3 percent. Because it received a de minimis in the CV duty investigation, any eventual CV duty order will not apply to the company. The International Trade Commission is set to issue its final injury determination by Feb. 1, and AD/CV duty orders will issue only if the ITC finds injury.
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In 2011, imports of large residential washers from Korea and Mexico were valued at an estimated $569 million and $434 million, respectively.