Vietnamese hangers liable to 188-percent import duty in USAccording to the Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT), the DOC filed countervailing duty petitions against steel garment hangers from Vietnam and Taiwan (China). Under the petitions, anti-dumping margins for made-in-Vietnam hangers ranged from 135.81 percent to 187.51 percent. Earlier in May, the DOC claimed that Vietnamese producers and exporters received anti subsidy countervailing duties (CVD) ranging from 11.03 to 21.25 percent on their steel garment hangers. As planned, its final decision on Vietnamese products will be made in December 2012. If the DOC confirms that Vietnam’s subsidized steel garment hangers cause significant damages to the US industry, the US International Trade Commission (ITC) will announce its final decision in January 2013. As a result, the CVD will be then imposed on steel hangers imported from Vietnam. |