Want China Times
The US Department of Commerce (DOC) has found that Taiwan’s steel nail exporters have not been violating US anti-subsidy rules, Taiwan’s Ministry of Economic Affairs said Saturday.
In a final decision issued Wednesday, the DOC upheld a preliminary ruling that said Taiwanese steel nail firms had been abiding by US anti-subsidy regulations, according to the ministry.
However, in the final ruling, the DOC said Taiwanese steel nail exporters had been selling their products at unfairly low prices in the US market, and it imposed anti-dumping tariffs of up to 2.24% on the companies, the economics ministry added.
In May 2014, the US government began investigating the anti-subsidy matter after US-based Mid Continent Steel & Wire filed a complaint with the DOC and the International Trade Commission (ITC) of the US, seeking anti-dumping and anti-subsidy duties on imports of steel nails from Taiwan and other countries. [FULL STORY]