Illustrative photo (Source: VNA)Hanoi (VNA) – The US Department of Commerce (DoC) has announcedto impose anti-dumping and anti-subsidy taxes on laminated woven sacks producedin Vietnam.
Bags and packing bags consisting of woven polypropylene strips and/orpolyethylene strips, resin or similar materials imported from Vietnam will betaxed at 3.24-6.15 percent, much lower than the 29.54-304.4 percent applied forthe same products from China.
Earlier, on March 28, the DoC received petitions from Laminated Woven Sacks Fair Trade Coalition and its individualmembers Polytex Fibers Corporation and ProAmpac LLC.
They alleged that the products imported from Vietnam are sold in the US at lessthan “normal value” due to Government subsidies, causing or threateningsubstantial damage to the US industry.
The petitioners alleged dumping margins of 109.95 percent to 294.57 percent.
With the policy ‘America First,’ President DonaldTrump’s government is reviewing its trade policy. On March 8, President Trump imposeda 25-percent tax on steel and a 10-percent duty on aluminium imports. Vietnamis one of the countries affected by this decision.-VNA
VNA
