U.S. Worldwide Commerce Fee Extends Commerce Aid On Diamond Noticed Blades From China, Wiley Reviews
WASHINGTON, March 15, 2021 / PRNewswire / – In the present day, US producers of diamond noticed blades gained an necessary victory on the US Worldwide Commerce Fee (ITC), which voted to increase the burden discount of diamond noticed blades China. In an expedited ruling, the ITC concluded that revocation of the prevailing anti-dumping order “is prone to end result within the continuation or recurrence of fabric harm inside a fairly foreseeable time”. Throughout this examination, members of the home trade offered proof that the removing of the anti-dumping order would end in continued harm to US firms and their staff.
“We’re extraordinarily happy with the ITC’s determination to keep up order, which holds Chinese language producers accountable for his or her unfair buying and selling practices. Daniel B. Pickard, accomplice of Wiley’s worldwide commerce and nationwide safety practices and advisor to the Diamond Sawblades Producers’ Coalition (DSMC). The DSMC is an advert hoc coalition of US producers who’ve referred to as for reduction from unfair imports.
There’s a lengthy and well-documented historical past of Chinese language diamond noticed blade producers participating in transshipment, circumvention and different unlawful schemes to be able to evade US customs legal guidelines. These efforts have solely intensified in recent times because the DSMC efficiently introduced arguments to the US Division of Commerce which resulted within the software of considerable dumping margins to just about all Chinese language exporters. These actions highlighted the reluctance and incapacity of Chinese language exporters to compete within the US market.
“The diamond noticed blade case might symbolize some of the egregious examples of Chinese language producers trying to illegally undermine the effectiveness of US commerce treatment measures,” Pickard added. “In the present day’s determination will enable US producers to provide extra US diamond noticed blades and rent extra US staff, and sends a message that the home trade won’t tolerate unfair competitors.”
For extra info please contact Daniel B. Pickard at (202) 719-7285 or [email protected] or Stephanie M. Bell at (202) 719-4348 or [email protected].
SOURCE Wiley Rein LLP.