New Antidumping Duty Petitions on types of Rubber from Brazil, Korea, Mexico and Poland
Two Companies filed antidumping (AD) petitions with the U.S. Department of Commerce (DOC) and U.S. International Trade Commission (ITC), regarding Emulsion Styrene Butadiene Rubber (ESBR) from Brazil, Korea, Mexico and Poland. It (ESBR) is used for new rubber tires; is used in a variety of other products -including conveyor belts, shoe soles, some kinds of hoses, roller coverings, flooring, and as an alternative to natural rubber.
The U.S. AD (Antidumping) law imposes special tariffs to counteract imports that are sold in the United States at less than “normal value.” For AD duties to be imposed, the U.S. government must determine not only that dumping is occurring, but also that there is “material injury” (or threat thereof) by reason of the dumped imports. Importers are liable for any potential AD duties imposed. In addition, these investigations could impact purchasers, by either increasing prices, and/or decreasing supply, of ESBR.
Petitioners alleges dumping margins as follows:
-
Brazil – 59.3 percent to 69.4 percent
-
Korea – 22.4 percent to 44.2 percent
-
Mexico – 23.2 percent
-
Poland – 40.4 percent to 44.8 percent
Read more USITC, USITC-PDF, National Law Review
Leave a Reply