The U.S. International Trade Commission (ITC) determined that U.S. industry is not materially injured by imports of 53-foot domestic dry containers from China, which may be subsidized or sold in the U.S. at less than fair value.
As a result of the ITC’s negative determinations, no antidumping (AD) or countervailing duty (CVD) orders will be issued on imports of these products from China.
Trade groups had informed the ITC that AD and CVD duties on intermodal containers would lead to shortages of these containers, resulting in longer shipping times and increased costs.
Liquidation under AD case number A-570-014 has been suspended since November 26, 2014, and under CVD case number C-570-015 since September 29, 2014. Please see our previous trade news article on this subject.
Once posted in the Federal Register, the ITC will instruct Customs and Border Protection (CBP) to refund any cash deposits already collected.
Questions about this regulatory update may be directed to Livingston’s U.S. Regulatory Affairs group.