Production of laminated woven sacks (Photo: VNA)Hanoi (VNA) – The US Department of Commerce (DOC) recently announced ananti-dumping duty and countervailing duty investigations into laminated wovensacks imported from Vietnam.
The investigations were launched based on petitions filed by the LaminatedWoven Sacks Fair Trade Coalition and its individual members, Polytex FibersCorporation and ProAmpac Holdings Inc on March 7.
They said that the sacks purchased from Vietnam are receiving subsidies and theproducts are sold in the US market at less than fair value, damaging domesticproduction. They alleged the dumping margins range from 101.73-292.61 percent.
In the anti-dumping investigation, the DOC will determine whether imports of thesacks from Vietnam are being dumped in the US market at less than fairvalue.
In the countervailing duty investigation, the DOC will determinewhether Vietnamese producers of laminated woven sacks are receiving unfairgovernment subsidies.
If the DOC finds the products are being dumpedand receiving unfair subsidies and if the US International Trade Commission(ITC) determines that the US industry is being harmed, the DOC will imposeduties on those imports.
The ITC will made a preliminary decision on domestic production loss no laterthan April 23. The DOC will issue a preliminary decision on subsidies on May 31and on dumping on August 14.
In 2017, US imports of laminated woven sacksfrom Vietnam were valued at an estimated 21.1 million USD.-VNA
VNA
