April 14, 2016
The United States International Trade Commission (USITC) has determined that a U.S. industry is materially injured by reason of imports of polyethylene terephthalate (PET) resin from Canada, China, India, and Oman.
The U.S. Department of Commerce has already determined that the resin from the four countries is sold in the United States at less than fair value, and is subsidized by the governments of China and India. In the Canada investigation, the preliminary dumping margin was ruled to be 13.60 percent for all Canadian producers/exporters.
As a result of the USITC's affirmative determinations, the Commerce department will issue countervailing duty orders on imports of this product from China and India and antidumping duty orders on imports of this product from Canada, China, India, and Oman.
The merchandise subject to these investigations is properly classified under subheading 3907.60.00.30 of the Harmonized Tariff Schedule of the United States (HTSUS).
In 2014, imports of PET resin from Canada, China, India, and Oman were valued at an estimated $239 million, $92.1 million, $51.7 million, and $51.1 million, respectively.