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U.S. Announces Final Results of Investigation on Double Reverse Investigation of Polyester Processing Silk in China

Views:0     Author:Site Editor     Publish Time: 2019-11-24      Origin:Site

On November 14, 2019, Washington time, the US Department of Commerce announced the final result of the anti-dumping and anti-subsidy investigation of China's Polyester Textured Yarn. Regarding dumping, the compulsory responding enterprise Jiangsu Hengli Chemical Fiber Co., Ltd. has a tax rate of 76.07%, and the national uniform tax rate is 77.15%; for subsidies, the compulsory responding enterprise Fujian Baihong Poly Fiber Industrial Co., Ltd. has a tax rate of 32.18%, and the other two compulsory The responding enterprise Suzhou Shenghong Chemical Fiber Technology Co., Ltd. and its affiliated companies were awarded punitive tax rates of 472.51% and 473.09%, respectively. According to statistics from the US, Chinese companies exported US$35 million in products during the investigation period.

According to the US investigation procedures, the US International Trade Commission will make a final ruling on the case on December 30.


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