Global Geopolitical Series: U.S. Commerce department initiates AD/CVD investigations on imports of certain plastic decorative ribbon from China

Earlier this week, U.S. Commerce Department announced that it is initiating Anti-Dumping duty/Countervailing duty investigations on imports of certain plastic decorative ribbon from China to determine whether the mentioned item is being dumped in the United States or if producers in China are receiving unfair subsidies.

The AD and CVD investigations were initiated based on petitions filed by Berwick Offray, LLC (Berwick, PA) on December 27, 2017. The estimated dumping margins alleged by the petitioner range from 74.34 to 370.04 percent for China. In the AD investigation, the Commerce Department will determine whether imports of certain plastic decorative ribbon from China are being dumped in the U.S. market at less than fair value and in the CVD investigation, the Commerce Department will determine whether the mentioned products are receiving government subsidies.

According to Commerce department’s calculations, in 2016, imports of certain plastic decorative ribbon from China were valued at an estimated $18.1 million.

A statement on Commerce department quoted Secretary Wilbur Ross saying, “When a trade case is initiated it begins an open and transparent process that allows American companies, workers, and communities to gain relief from the market-distorting effects of injurious dumping and subsidization of imports…..The Department will act swiftly, while completing a full and fair assessment of the facts, to ensure that U.S. businesses and workers have a fair chance to compete.”