(Yicai Global) May 16 -- The US Department of Commerce has launched anti-dumping and countervailing investigations against Chinese quartz surface product imports.
The probes come in response to petitions filed by the country's largest quartz surface producer Cambria Company LLC, which alleges that dumping margins of Chinese quartz surface product imports range from 303.38 percent to 336.69 percent, according to a statement on the department’s website, adding that Chinese producers and exporters receive unfair government subsidies.
US imports of Chinese quartz surface products have surged from USD6 million in 2010 to USD460 million last year, US Department of Commerce data shows with Cambria accusing Chinese producers of undercutting to US firms to seize market share. The petitions allege that Chinese companies benefit from more than 20 government subsidy programs including grants, loans, tax breaks, as well as land, electricity and raw materials provisions at below-market prices.
The department aims to make a preliminary ruling around June 1 in accordance with US trade remedy policy procedures. If the Commission rules that there are indications that the imports substantially threaten or damage America’s related industries, the investigations will continue before a setting out the preliminary subsidizing range and dumping margins in July and September, respectively.
The Chinese commerce ministry has previously made repeated statements, expressing hope that the US can honor its commitment to opposing trade protectionism, jointly safeguard a free, open and fair international trade environment, and deal with trade conflicts in an appropriate and more rational manner.
Editor: William Clegg