Focus Taiwan
Date: 2018/05/02
By: Rita Cheng, Wei Shu and Frances Huang

Washington, May 1 (CNA) The U.S. Department of Commerce (DOC) said Tuesday that it has determined in a preliminary ruling that polyethylene terephthalate (PET) resin suppliers from Taiwan and four other countries sold their products at unfairly low prices in the U.S. market.

According to the preliminary decision, the DOC said PET resin exporters from Taiwan, Brazil, Indonesia, Pakistan and South Korea violated U.S. anti-dumping regulation and face the imposition of preliminary tariffs ranging from 7.75-226.91 percent.

“The Department will use every tool at our disposal to defend U.S. industry against unfair trade practices,” U.S. Commerce Secretary Wilbur Ross said in a statement.

“Today’s decision allows U.S. producers of PET resin to receive relief from the market-distorting effects of potential dumping while the open and transparent process of investigating this matter continues,” Ross added.    [FULL  STORY]