U.S. International Trade Commission Paves the Way for Duties on Kitchen Appliance Shelving and Racks From China
24/08/2009 12:00
WASHINGTON, Aug. 18 /PRNewswire-USNewswire/ -- Producers of kitchen appliance shelving and racks applauded decisions by the U.S. International Trade Commission that imports of competing products from China were causing injury to the domestic industry. The ITC's affirmative decisions pave the way for the collection of additional tariffs on imported kitchen shelving and racks ranging from 57 to 245 percent.
The ITC's decisions are the culmination of a case that started in July 2008 when the domestic producers requested that the U.S. government impose antidumping duties and countervailing duties on imports of these products from China. Antidumping duties are intended to offset the amount by which a product is sold at less than fair value in the United States (i.e., the amount by which the product is sold below production costs or at a price that is below the price charged in a comparable market), and countervailing duties are intended to offset the amount by which a product is illegally subsidized by the foreign government.
"The ITC's decision is a job-saver for our industry. With duties being imposed, the Chinese producers will be forced to price fairly in the marketplace," said Paul M. Kara, President of petitioner SSW Holding Company. Steve Rollins, President of petitioner Nashville Wire Products said, "This is an important decision, which will reverse the trend of job losses and declining profitability. Of course, it will be crucial that the government ensure that the import relief is not undermined by circumvention schemes."
The petitioners are Nashville Wire Products, Inc., SSW Holding Company, Inc., the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied-Industrial and Service Workers International Union, and the International Association of Machinists and Aerospace Workers, District Lodge 6 (Clinton, Iowa).
The domestic industry is represented by Paul C. Rosenthal and Kathleen W. Cannon of Kelley Drye & Warren LLP. Paul C. Rosenthal is the Managing Partner of the Washington, D.C. office and practices in the International Trade and Customs Law group. Kathleen W. Cannon is a partner and practices in the International Trade and Customs Law group at Kelley Drye & Warren.
Kelley Drye & Warren LLP
August 18, 2009
Source: news.prnewswire.com
August 18, 2009
Source: news.prnewswire.com
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