US launches anti-dumping probe on wooden cabinets imported from China
01/04/2019 12:00
On Wednesday, the 27th of March 2019, the US Commerce Department had said that they had launched an anti-dumping and counterbalancing duty investigation on wooden cabinet and vanity import from China to find out whether China had been dumping their wooden products into United States.
The latest action had been brought into light after American Kitchen Cabinet Alliance had filed a petition on March 6th, accusing China of alleged dumping of wooden cabinets into United States. According to the data from US Commerce Department, United Stated had imported as little as $4.4 billion worth of wooden cabinets, vanities and their components from China on 2018.
Besides, the US commerce department had also mentioned on Wednesday (March 27th) that the margins of alleged dumping for China ranged between 177.36 to 262.18 percent.If the United States International Trade Commission makes an affirmative finding the US industry was harmed due to China dumping and if the commerce department finds out any kind of veracity onto the allegation, United States Commerce Department would more likely to inclines tariffs according to the amount of dumping or unfair subsidization that had been taken place during the import of wooden cabinets, vanities and their components from China last year.
The latest action had been brought into light after American Kitchen Cabinet Alliance had filed a petition on March 6th, accusing China of alleged dumping of wooden cabinets into United States. According to the data from US Commerce Department, United Stated had imported as little as $4.4 billion worth of wooden cabinets, vanities and their components from China on 2018.
Besides, the US commerce department had also mentioned on Wednesday (March 27th) that the margins of alleged dumping for China ranged between 177.36 to 262.18 percent.If the United States International Trade Commission makes an affirmative finding the US industry was harmed due to China dumping and if the commerce department finds out any kind of veracity onto the allegation, United States Commerce Department would more likely to inclines tariffs according to the amount of dumping or unfair subsidization that had been taken place during the import of wooden cabinets, vanities and their components from China last year.
March 30, 2019
Source: Financial World
Source: Financial World
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