By  on April 16, 2010

WASHINGTON — The International Trade Commission cleared the way Thursday for punitive tariffs to be imposed on plastic retail bags from Vietnam, Indonesia and Taiwan in a trade remedy case that could impact industries such as textiles.

The ITC, in a 5-to-1 vote, ruled that the domestic industry is being injured by imported plastic bags from Vietnam that are sold in the U.S. for less than fair value and subsidized by the Vietnamese government. The panel found that Indonesia and Taiwan sold plastic bags below fair market value, but not that those governments subsidized the product. Goods are considered dumped on the U.S. market when they are illegally subsidized by a foreign government or sold below fair market value.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus