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Imports of PSF from Korea & Taiwan to remain in place, USITC

31
Aug '11
The U.S. International Trade Commission (USITC) determined that revoking the existing antidumping duty orders on polyester staple fiber from Korea and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

As a result of the Commission's determination, the existing orders on imports of this product from Korea and Taiwan will remain in place.

All six Commissioners voted in the affirmative.

Today's action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on this five-year (sunset) reviews.

The Commission's public report Polyester Staple Fiber from Korea and Taiwan (Inv. Nos. 731-TA- 825-826 (Second Review), USITC Publication 4257, September 2011) will contain the views of the Commission and information developed during the reviews.

The United States International Trade Commission is an independent, quasijudicial Federal agency with broad investigative responsibilities on matters of trade. The agency investigates the effects of dumped and subsidized imports on domestic industries and conducts global safeguard investigations. The Commission also adjudicates cases involving imports that allegedly infringe intellectual property rights. Through such proceedings, the agency facilitates a rules-based international trading system.

U.S. International Trade Commission (USITC)


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