US imposes anti-subsidy tax on Vietnamese garment hangers
VOV.VN - The US Department of Commerce (DOC) has decided to continue to impose an anti-subsidy tax on steel wire garment hangers imported from Vietnam.
The Trade Remedies Authority under the Ministry of Industry and Trade reported that the DOC has just issued the final results of the Expedited Sunset Review of the Countervailing Duty Order.
In its notice released recently, the DOC said it has found that revocation of the orders on steel wire garment hangers from Vietnam would be likely to lead to continuation or recurrence of material injury of the domestic injury.
Accordingly, the DOC applied a tax rate of 31.58% on the garment hangers, except for a company that is subject to a separate tax rate of 90.42%.
The case was announced by the DOC on April 3, 2023 and no Vietnamese enterprises have engaged in the review.
The Trade Remedies Authority recommended that new Vietnamese exporters contact the DOC before exporting their shipment in order to calculate their own anti-subsidy tax rate, otherwise they will be subject to a general tax rate of 31.58%.
Businesses were requested to contact the Trade Remedies Authority for timely support.
Steel wire garment hangers imported from Taiwan (China) and Vietnam are subject to the anti-subsidy tax imposed by the DOC.
The DOC issued an antidumping duty order on imports of the hangers from Taiwan (China) on December 10, 2012. Two months later, it also issued antidumping and countervailing duty orders on imports of the hangers from Vietnam.
Following the first five-year reviews, the DOC issued a continuation of the antidumping duty orders on the hangers from Taiwan (China) and Vietnam, effective May 31, 2018), and the countervailing duty order on the hangers from Vietnam, effective August 20, 2018.