The USITC’s analysis indicated that the removal of these trade measures would likely result in the continuation or recurrence of material injury to the US industry within a foreseeable timeframe. Consequently, the antidumping and countervailing duty orders will remain in effect, continuing to regulate the import of this polyester staple fibre from the specified countries, USITC said in a press release.
The US International Trade Commission (USITC) has decided to maintain antidumping and countervailing duty orders on fine denier polyester staple fibre imports from Asian countries—China, India, South Korea, and Taiwan—citing potential material injury to the US industry if revoked.
This decision follows a comprehensive five-year review process.
This determination was supported by affirmative votes from chairman David S. Johanson and commissioners Rhonda K Schmidtlein, Jason E Kearns, and Amy A Karpel. The decision aligns with the requirements of the five-year (sunset) review process, mandated by the Uruguay Round Agreements Act.
The USITC plans to release a comprehensive public report, Fine Denier Polyester Staple Fiber from China, India, South Korea, and Taiwan, detailing the Commission’s findings and the data gathered throughout the review process.
Fibre2Fashion News Desk (KD)
