US to probe China, Japan chemical imports

0
115

US to probe ChinaWashington, October 30 The United States International Trade Commission Tuesday approved countervailing duties and anti-dumping probes on imports from China and Japan of a chemical that’s usually used to sanitise water in swimming pools.

Four taking part commissioners voted in the affirmative that there’s a reasonable indication that a United States trade is materially hurt by imports from China and Japan of the chemical whose technical name is chlorinated isocyanurates, Xinhua cited from a statement by the trade commission.

As a result, the United States Department of Commerce can continue its preliminary countervailing duty probe regarding China due on or about Dec 9 and its preliminary anti-dumping duty call concerning Japan in Feb 2014, it said.

The probe is based on a complaint filed by West Virginia-based Clearon corporation. and Texas-based Occidental Chemical Corporation, that alleged the dumping margins between 129.4 % and 218.1 % and the subsidy rate well higher than 2 %.

In 2012, imports of this chemical from China and Japan were estimated at $145.2 million and $57.7 million respectively.

LEAVE A REPLY