Illustrative image (Photo: VNA)Hanoi (VNA) – The US Department ofCommerce (DOC) has initiated new antidumping duty (AD) and countervailing duty(CVD) investigations into utility scale wind towers from Vietnam, along withCanada, Indonesia and the Republic of Korea.
The DOC said although there is already anexisting AD order on utility scale wind towers from Vietnam, the petition wasfiled with respect to one company that was excluded from the current order.
According to the Trade Remedies Authority ofVietnam, the merchandise subject these probes are those with subheading HS7308.20 and 8502.31.
The investigations cover the period from January1, 2018 to December 31, 2018. Meanwhile, they will determine whether the US’production sector suffered from losses in the 2016-2018 period.
The alleged dumping margins for the Vietnamesemerchandise are 39.97 to 65.96 percent, and the alleged subsidy margins areover the minimum level of 1 percent.
In 2018, the US’ imports of utility scale windtowers from Vietnam were valued at an estimated 21.4 million USD.
The US International Trade Commission isscheduled to make its preliminary injury determinations on or before August 23.The DOC is set to announce its preliminary CVD determinations on October 3 andits preliminary AD determinations on December 17 this year.
The Trade Remedies Authority of Vietnam hasrecommended the Vietnamese manufacturers and exporters concerned closelycooperate with the investigation agencies and keep contact with it to gainpositive results.-VNA
VNA
