China Stainless Steel Sinks: ITA Announces Final AD/CV Rates
The International Trade Administration said it found dumping and illegal subsidization of drawn stainless steel sink imports from China in the final determination of its antidumping investigation. The ITA found AD duty rates of 27.14 percent to 76.53 percent, and CV duty rates of 4.8 percent to 12.26 percent, it said. AD cash deposit rates are slightly lower after adjustment for export subsidies, ranging from 24.12 to 76.45 percent, said the ITA. The ITA will direct CBP to continue to suspend liquidation for AD duty purposes and collect AD cash deposits, but will not suspend liquidation for CV duty purposes at this time because the provisional measures period has expired. The International Trade Commission is set to make its final injury determination by April 5, at which point the ITA will issue AD/CV duty orders if the ITC finds injury.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
In 2011, imports of drawn stainless steel sinks from China were valued at about $118 million, the ITA said.