US concludes anti-dumping probe into fiber molded products from Vietnam

VOV.VN - The United States Department of Commerce (DOC) has just issued a preliminary determination in its anti-dumping investigation into thermoformed fiber molded products imported from Vietnam, with tax rates ranging from 0.76% to 211%, according to the Trade Remedies Authority of Vietnam (TRAV).

The investigated items are molded fiber products with HS codes 4823.70.0020, 4823.70.0040, 4823.61.20, 4823.61.40, 4823.69.20, and 4823.69.40.

The case originated from petitions filed by Genera, Tellus Products, LLC, and the United Steelworkers Union (USW - AFL-CIO). The investigation period spans from April 1 to September 30, 2024.

Under the DOC’s preliminary findings, Vietnamese companies that submitted separate rate applications will face a low duty rate of 0.76%. Firms that did not respond to the DOC’s questionnaire or failed to apply for a separate rate may be subject to a much higher duty of up to 211.60%.

Meanwhile, the preliminary anti-dumping tax rate for Chinese enterprises is to be from 47.44% to 477.97%.

Industry insiders view this as a relatively favourable outcome for compliant Vietnamese exporters, though they caution that the final rates may change. The DOC will conduct on-site verifications at Vietnamese companies to validate submitted information.

In addition, interested parties are permitted to submit comments on product scope (case briefs) within 30 days of the preliminary ruling, and rebuttal briefs within seven days following that deadline.

The DOC is expected to issue the final determination on July 21, subject to extension.

The TRAV recommends that relevant businesses closely monitor the developments of the case and continue to fully cooperate with the DOC as the tax rate may still change in the final ruling.

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