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U.S. countervailing duty investigations, polyester textured yarn from China, India

CVD investigations, polyester textured yarn

The U.S. Commerce Department announced the “affirmative preliminary determinations” in the countervailing duty (CVD) investigations of imports of polyester textured yarn from China and India.

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As noted in the Commerce release, exporters were found to have received countervailable subsidies ranging from 32.04% to 459.98% from China and 7.09% to 20.45% from India. Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of polyester textured yarn from China and India based on these preliminary rates.

Commerce is currently scheduled to announce its final CVD determinations on or about September 10, 2019.

  • If Commerce makes affirmative final determinations, the U.S. International Trade Commission (ITC) will be scheduled to make its final injury determinations on or about October 24, 2019.
  • If Commerce makes affirmative final determinations in these investigations, and the ITC makes affirmative final injury determinations, Commerce will issue CVD orders.
  • If Commerce makes negative final determinations, or the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.

 

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner and Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117
E: rwaldrop@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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