US levies anti-dumping duty on Chinese specialty fabrics
05/09/2016 12:00
The US department of commerce has approved levying anti dumping duty on imports of Chinese specialty fabric that allegedly have been dumped into the US market, causing injury to American-made products. The duties will take effect on textiles that have been imported into the US, June onwards at a rate of 162 per cent of the declared value.
The ruling was announced this week at a press conference at Auburn Manufacturing in Maine, the northeastern most US state. The department of commerce investigated the case after Auburn had alleged dumping of Chinese specialty fabrics, thereby hurting its business.
Bruce Lee Poliquin, who represents Maine’s 2nd congressional district in the House of Representatives, worked with Maine’s congressional delegation to help Auburn take its case to the department of commerce. Poliquin said the preliminary ruling helps “create a level playing field” for silica fabric manufacturers.
Auburn CEO Kathie Leonard said that her company has lost about 30 per cent of its market share for the specialty fabric in the past three years, mainly due to Chinese dumping.
The ruling was announced this week at a press conference at Auburn Manufacturing in Maine, the northeastern most US state. The department of commerce investigated the case after Auburn had alleged dumping of Chinese specialty fabrics, thereby hurting its business.
Bruce Lee Poliquin, who represents Maine’s 2nd congressional district in the House of Representatives, worked with Maine’s congressional delegation to help Auburn take its case to the department of commerce. Poliquin said the preliminary ruling helps “create a level playing field” for silica fabric manufacturers.
Auburn CEO Kathie Leonard said that her company has lost about 30 per cent of its market share for the specialty fabric in the past three years, mainly due to Chinese dumping.
Source: FashionNetwork
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