ITC finds U.S. mattress industry injured by Chinese imports
20/11/2019 12:00
The U.S. International Trade Commission today unanimously found that the U.S. mattress industry has been materially injured by imports of mattresses from China.
The vote was 4-0, the International Sleep Products Assn. said in a member alert.
“The significance of the ITC’s vote today is that soon after its decision is published in the Federal Register (which will occur in several weeks), the U.S. Department of Commerce will issue an antidumping duty order on mattresses imported from China, and cash deposits of antidumping duties will continue to be collected on such imports at the rates set in Commerce’s final determination,” ISPA told its members.
“That order will likely remain in place for at least five years, at which time parties may request a so-called ‘sunset review’ to determine whether the antidumping duty order remains necessary to protect the U.S. industry from injury,” the ISPA alert continued.
“If the ITC finds that the order is still necessary, it will continue in effect for another five years, at which time another sunset review may be requested. While the order is in place, Commerce may periodically adjust the amount of the antidumping duties to be collected, and those adjustments can be up or down.”
In October, the U.S. Department of Commerce issued its final determination that imported mattresses from China were being sold in the United States at less than fair value. In its final determination, Commerce revised the antidumping duty rates applied to these imports. The revised rates range from 57% to 1,732%, depending on which companies produced and exported the mattresses from China, ISPA said.
The vote was 4-0, the International Sleep Products Assn. said in a member alert.
“The significance of the ITC’s vote today is that soon after its decision is published in the Federal Register (which will occur in several weeks), the U.S. Department of Commerce will issue an antidumping duty order on mattresses imported from China, and cash deposits of antidumping duties will continue to be collected on such imports at the rates set in Commerce’s final determination,” ISPA told its members.
“That order will likely remain in place for at least five years, at which time parties may request a so-called ‘sunset review’ to determine whether the antidumping duty order remains necessary to protect the U.S. industry from injury,” the ISPA alert continued.
“If the ITC finds that the order is still necessary, it will continue in effect for another five years, at which time another sunset review may be requested. While the order is in place, Commerce may periodically adjust the amount of the antidumping duties to be collected, and those adjustments can be up or down.”
In October, the U.S. Department of Commerce issued its final determination that imported mattresses from China were being sold in the United States at less than fair value. In its final determination, Commerce revised the antidumping duty rates applied to these imports. The revised rates range from 57% to 1,732%, depending on which companies produced and exported the mattresses from China, ISPA said.
Source: Furniture Today
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