US DOC issues preliminary countervailable subsidy numbers in fine-denier PSF import case

WASHINGTON, DC, November 2, 2017-

U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations, finding that exporters of fine denier polyester staple fiber from the People’s Republic of China (China) and India received countervailable subsidies of 41.73 to 47.64 percent and 7.18 to 9.86 percent, respectively.

The Commerce Department will instruct U.S. Customs and Border Protection to collect cash deposits from importers of fine denier polyester staple fabric from China and India based on these preliminary rates.

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