Today, U.S. Secretary of Commerce Wilbur Ross announced the affirmative final determination in the antidumping duty (AD) investigation of imports of carton-closing staples from the People’s Republic of China (China).
“The dumping of goods by foreign governments is something the Trump Administration takes very seriously,” said Secretary Ross. “The Department of Commerce will continue to stand up for American workers and businesses in order to ensure that China and other countries do not take advantage of the most open market in the world.”
Commerce determined that exporters from China sold carton-closing staples in the United States at 115.65 – 263.40 percent less than fair value.
As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of carton-closing staples based on the final rates.
In 2016, imports of carton-closing staples from China were valued at an estimated $73.2 million.
The petition was filed by North American Steel & Wire, Inc./ISM Enterprises (ISM) (PA).
Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20, 2017, through March 22, 2018, the Commerce Department has initiated 102 antidumping and countervailing duty investigations – a 96 percent increase from January 20, 2016, through March 22, 2017.
The AD law provides U.S. businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of unfair pricing of imports into the United States. Commerce currently maintains 428 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade.
If the U.S. International Trade Commission (ITC) makes an affirmative final injury determination, Commerce will issue an AD order. If the ITC makes a negative final determination of injury, the investigation will be terminated and no order will be issued.
Click HERE for a fact sheet on today’s decisions.
The U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade laws and does so through an impartial, transparent process that abides by international law and is based solely on factual evidence.
Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to AD duties.