Commercial Information Circulars
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Ref. : EIC 111/3/10/1
9 July 2018
Commercial Information Circular No. 672/2018
US : Countervailing Action against Rubber Bands from the Mainland of China : Preliminary Affirmative Countervailing Duty Determination
The US Department of Commerce (DoC) announced in the Federal Register (FR) notice of 9 July 2018 the preliminary affirmative determination that countervailable subsidies were being provided to producers and exporters of rubber bands from the Mainland of China. The countervailing duty rate was found to be 125.77%. The FR notice is available at: https://www.gpo.gov/fdsys/pkg/FR-2018-07-09/pdf/2018-14633.pdf.
2.On 22 March 2018, the US International Trade Commission (ITC) already issued its preliminary affirmative determination that there was a reasonable indication that an industry in the US was materially injured by reason of imports of rubber bands from the Mainland of China. The investigation will now proceed to the final phase. If the final determination of the DoC is affirmative, the ITC will make its final determination on whether an industry in the US is materially injured or threatened with material injury, by reason of imports of rubber bands from the Mainland of China within 45 days after the DoC's final determination.
3.For traders involved in the export of the subject product produced in Guangdong, please contact Li Xuefei, Director of Trade Remedy Division under the Guangdong Department of Commerce at 8620 3881 6201. The Division is responsible for, among others, guiding and coordinating enterprises in the Guangdong Province in responding to AD investigations against products of the Province.
4.For enquiries concerning the content of this circular, please contact Mr Lewis LAU at telephone number 2398 5405.
for Director-General of Trade and Industry
Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.