Final AD & CVD on imports of narrow woven ribbons
The Department of Commerce (Commerce) announced its affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations on imports of narrow woven ribbons with woven selvedge (woven ribbons) from the People's Republic of China (China) (AD and CVD) and Taiwan (AD).
For the purposes of AD investigations, dumping occurs when a foreign company sells a product in the United States at less than fair value. For the purposes of CVD investigations, subsidies are financial assistance from foreign governments that benefit the production, manufacture, or exportation of goods.
Commerce determined that producers/exporters from China and Taiwan have sold woven ribbons in the United States at margins ranging from zero to 247.65 percent, and zero to 4.37 percent, respectively. Commerce also determined that Chinese producers/exporters have received net countervailable subsidies ranging from 1.56 to 117.95 percent.
In the AD investigations, Chinese mandatory respondent, Yama Ribbons and Bows Co., Ltd. (Yama Ribbons), received a final dumping rate of zero percent. The other mandatory
respondent, Ningbo Jintian Import & Export Co., Ltd., did not participate in this investigation and, as a result, received a final dumping rate of 247.65 percent as part of the PRC-wide entity.
Thirteen Chinese producers/exporters qualified for a separate rate of 123.83 percent. All other Chinese producers/exporters of woven ribbons received the China-wide dumping rate of 247.65 percent.
Taiwan mandatory respondents, Dear Year Brothers Mfg. Co., Ltd. (Dear Year) and Shienq Huong Enterprise Co., Ltd. (Shienq Huong) received final dumping rates of zero percent while Roung Shu Industry Corporation received a final dumping rate of 4.37 percent. All other Taiwan producers/exporters received a final dumping rate of 4.37 percent.
In the CVD investigation, Chinese mandatory respondent, Yama Ribbons, received a net subsidy rate of 1.56 percent. The other mandatory respondent, Changtai Rongshu Textile Co., Ltd., did not respond to the Department's request for information and received a net subsidy rate of 117.95 percent based on adverse facts available. All other Chinese producers/exporters received a net subsidy rate of 1.56 percent.
As a result of the final AD determinations, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond on imports of woven ribbons based on the final AD rates. Cash deposits of countervailing duties on imports of woven ribbons will not be required unless the U.S. International Trade Commission (ITC) reaches a final determination that the U.S. industry is being injured by imports of woven ribbons from China. This is because the maximum period for the collection of provisional measures in the CVD investigation has expired.
The petitioner for these investigations is Berwick Offray LLC and its wholly-owned subsidiary Lion Ribbon Company, Inc. (PA).