US slaps preliminary antidumping duties on products from China
The US Department of Commerce has announced the affirmative preliminary determination in the antidumping duty (AD) investigation of imports of sodium gluconate, gluconic acid, and derivative products from China.
Commerce determined that exporters from China have been found dumping sodium gluconate, gluconic acid, and derivative products in the United States at margins of 213.15 percent.
As a result of today’s decision, Commerce will instruct US Customs and Border Protection to collect cash deposits from importers of sodium gluconate, gluconic acid, and derivative products from China based on these preliminary rates.
In 2017, imports of sodium gluconate, gluconic acid, and derivative products from China were valued at an estimated $6.2 million. The petitioner is PMP Fermentation Products, Inc. of Peoria, Illinois.
Antidumping duty laws provide American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of the unfair pricing of imports into the United States. Foreign companies that price their products in the US market below the cost of production or below prices in their home markets are subject to antidumping duties.
Commerce currently maintains 448 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade. Since the beginning of the current administration, Commerce has initiated 118 new AD and CVD investigations, 30 percent more than the 91 initiations in the last 529 days of the previous administration.
Commerce is scheduled to announce the final determination on or about September 18, 2018. If Commerce’s final determination is affirmative, the US International Trade Commission (ITC) will be scheduled to make its final injury determination on November 1, 2018. If commerce makes an affirmative final determination of dumping and the ITC makes an affirmative final injury determination, Commerce will issue an AD order. If Commerce makes a negative final determination of dumping or the ITC makes a negative final determination of injury, the investigation will be terminated and no order will be issued.