US begins investigation into wind towers imported from Vietnam

VOV.VN -The US Department of Commerce (DOC) has officially commenced anti-dumping and countervailing duty investigations into the imports of utility scale wind towers from Vietnam.

us begins investigation into wind towers imported from vietnam hinh 0
The products under investigation include wind towers coded HS: 7308.20 and 8502.31.

In addition to Vietnam, Canada, Indonesia, and the Republic of Korea are also being investigated.

The investigation dates back to the 2016-2018 period in order to determine the loss suffered by the US’s domestic manufacturing industry.

The country exported wind towers worth approximately US$21.4 million to the US last year with the alleged dumping margins being 39.97 per cent to 65.96 per cent for Vietnam.

The US International Trade Commission (ITC) and DOC are expected to request that Vietnamese exporters and manufacturers answer an investigation questionnaire within 37 days from the start of the investigation.

The ITC will issue preliminary conclusions regarding losses to the US’ manufacturing industry on August 23, 2019.

Furthermore, the DOC plans to issue their preliminary conclusions on dumping on December 17, 2019 whilst their report on anti-subsidies should be concluded on October 3, 2019.

In response to the investigation, the Trade Defence Department of the Ministry of Industry and Trade has also asked relevant local firms to co-operate with the investigating agencies. In addition, they have been requested keep up-to-date information during the investigation process.

VOV

Related news