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U.S. Polyester Textured Yarn Producers Welcome Final Affirmative
Antidumping Duty Determinations On Imports Of Polyester Textured
Yarn From Indonesia, Malaysia, Thailand, And Vietnam
WASHINGTON, Oct. 19, 2021 /PRNewswire/ -- Today, the U.S.
Department of Commerce (the "Commerce Department") announced its
final determinations that imports of polyester textured yarn from
Indonesia, Malaysia, Thailand, and Vietnam are being unfairly sold below
their fair value in the United States.
In the final determinations announced today, the Commerce Department
calculated antidumping duty ("AD") cash deposit rates that ranged from
2.58 percent to over 56 percent. As a result of the final determinations,
U.S. Customs and Border Protection will continue to collect antidumping
duties in the amount equal to the final dumping cash deposits rates for
imports from each producer or country (i.e., the "all others rate").
Importers will be required to post duty deposits at these AD rates on the
date the final determinations are published in the Federal Register, in
approximately one week.
The next step in the trade cases will be the U.S. International Trade
Commission's (the "USITC") final determination of whether imports from
the four countries are a cause of material injury to or threaten to
materially injure domestic polyester textured yarn producers. The
USITC is currently scheduled to announce its final determination on
November 30, 2021.
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