The U.S. International Trade Commission (ITC) made the following determinations:
The U.S Commerce Department determined that imports of aluminum foil from China are subsidized and sold in the United States at less than fair value. As noted in an ITC release, Commerce will issue antidumping and countervailing duty orders on imports of this product from China.
The ITC a determined that there is a reasonable indication that a U.S. industry is threatened with material injury by reason of imports of rubber bands from China and Thailand that are allegedly subsidized and sold in the United States at less than fair value. The ITC found that imports of rubber bands from Sri Lanka were “negligible.”
As noted in an ITC release, the Commerce Department will continue with its antidumping and countervailing duty investigations concerning imports of rubber bands from China and Thailand, with its preliminary countervailing duty determinations due on or about April 26, 2018, and its antidumping duty determinations due on or about July 10, 2018. The investigation concerning Sri Lanka will be terminated.
For more information, contact a professional with KPMG’s Trade & Customs practice:
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Andrew Siciliano | +1 (631) 425-6057 | firstname.lastname@example.org
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