US issues safeguard investigation questionnaire into Vietnamese polyester staple
08/04/2024 10:37
The questionnaire was sent to both manufacturers and exporters of the product into the US market to determine whether the import of the investigated products causes serious damage to the local manufacturing industry or not.
The deadline for submitting the questionnaire is April 17 as the USITC will provide specific instructions on how to submit responses on the final page of the questionnaire.
Vietnamese exporters in the case will be able to submit a response to the USITC via the US agency’s website.
USITC data indicates that in the 2021 - 2023 period the export turnover of investigated products from Vietnam to the US is approximately US$5.9 million, accounting for 3% of the total import market share to the this market.
The USITC is expected to issue a damage conclusion on July 9 and will report to the President for consideration on August 26.
In 2017 the US Department of Commerce (DOC) announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, the Republic of Korea, Taiwan (China) and Vietnam.
These investigations are based on petitions filed by DAK Americas LLC; Nan Ya Plastics Corporation, America; and Auriga Polymers on May 31, 2017.
Later, Vietnam was excluded from the scope of investigation at the request of the plaintiff. Currently, products from the mentioned- above countries\ (except Vietnam) are still subject to the US’ anti-dumping or anti-subsidy taxes.
Source:VOV
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