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U.S. panel approves final duties on China hangers
18/09/2008 12:00
WASHINGTON, Sept 11 (Reuters) - A U.S. trade panel gave final approval on Thursday to steep anti-dumping duties on billions of steel wire hangers from China.
The U.S. International Trade Commission voted 6-0 that unfairly low priced imports from China had harmed steel hanger manufacturers in Texas and Alabama employing 139 workers.
The action clears the way for the Commerce Department to impose final anti-dumping duties on the imports ranging from 15.44 percent to 186.98 percent.
The United States imported nearly 2.7 billion steel wire hangers from China in 2007, compared to 1.044 billion in 2005, the Commerce Department reported last month. The value of the imports has risen to $68.5 million from $31.4 million over the same period.
The hangers are manufactured primarily for use by the dry cleaning, industrial laundry, textile and uniform rental industries but many eventually find their ways into closets across the United States.
The U.S. International Trade Commission voted 6-0 that unfairly low priced imports from China had harmed steel hanger manufacturers in Texas and Alabama employing 139 workers.
The action clears the way for the Commerce Department to impose final anti-dumping duties on the imports ranging from 15.44 percent to 186.98 percent.
The United States imported nearly 2.7 billion steel wire hangers from China in 2007, compared to 1.044 billion in 2005, the Commerce Department reported last month. The value of the imports has risen to $68.5 million from $31.4 million over the same period.
The hangers are manufactured primarily for use by the dry cleaning, industrial laundry, textile and uniform rental industries but many eventually find their ways into closets across the United States.
Thu Sep 11, 2008 3:50pm EDT
Source: www.reuters.com
Source: www.reuters.com
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