Share News Channel

The United States makes preliminary anti-subsidy rulings on paper plates produced in China and Vietn

2024-09-29 16:25260

On June 25, 2024, the U.S. Department of Commerce issued an announcement to make a positive preliminary anti-subsidy ruling on certain paper plates imported from China and Vietnam. The preliminary ruling:

 

  (1) Chinese enterprises:

 

  Fuzhou Hengli Paper Co., Ltd.’s tax rate is 11.53%;

 

  The tax rate of Jinhua P&P Product Co., Ltd. is 3.54%;

 

  Ningbo Artcool Co., Ltd.; Ningbo Fenghua Yongfa Printing Stationery Co., Ltd.; Zhejiang Kingsun Eco -Pack Co., Ltd.); Zhejiang Lingrong Crafts Co., Ltd. was subject to a punitive tax rate of 313.14% because it failed to cooperate in responding to the lawsuit;

 

  The tax rate for other manufacturers/exporters is 10.64%.

 

  (2) Vietnamese enterprises:

 

  Go-Pak Paper Products Vietnam Co., Ltd. tax rate is 5.48%;

 

  A punitive tax rate of 237.65% was applied to Innovative Sonic Vietnam International, Ningbo Changya Plastic Vietnam Company, Ningbo Changya Plastic Vietnam, SCG Vietnam and Xie Li Vietnam International Company Limited for failing to cooperate in responding to the lawsuit;

 

  The tax rate for other manufacturers/exporters is 5.48%.

 

  The U.S. Department of Commerce is expected to make a final countervailing ruling on November 5, 2024. This case involves products under US Customs Code 4823.69.0040.

 

  From 2021 to 2023, the import volume and import value of paper plates from China and Vietnam to the United States are as follows:

 

  On February 15, 2024, the U.S. Department of Commerce launched an anti-dumping investigation into paper plates imported from China, Thailand and Vietnam, and launched a countervailing investigation into paper plates imported from China and Vietnam.

Keywords: Preliminary anti-subsidy ruling on paper plates produced in the United States  , China and  Vietnam   


Favorite 0
Comment 0
The Chinese delegation topped the gold medal list at the 47th WorldSkills Competition
The 47th WorldSkills Competition was held in Lyon, France from September 10th to 15th, with approximately 1,400 contestants from nearly 70 countries and regions participating. The Chinese delegation p

02024-10-0915

Chinese quality books appear at Indonesia International Book Fair
On September 25, local time, the 2024 Indonesia International Book Fair opened at the Jakarta Convention and Exhibition Center. Chinese publishing institutions organized a group to participate in the

02024-10-0916

Paper prices are soaring, and the carton industry is on the verge of collapse! Hundreds of carton fa
The packaging industry in Kanpur, India, is facing severe challenges due to sharp fluctuations in paper prices. The local Federation of Packaging Entrepreneurs announced that starting from October 5,

02024-10-0918

Aiming to eliminate plastic, this US company uses industrial hemp to create molded fiber products!
Colorado-based industrial hemp company element6 Dynamics and German molded fiber packaging manufacturer Papacks announced Tuesday that they have formed a joint venture called Renw. The new company wil

02024-10-0918

Packaging and labels are critical to the strategic future of the printing industry
 Smithers predicts that after Drupa, the compound annual growth rate of the packaging printing market will reach 3.6% in 2024, reaching $504.9 billion.  Packaging and labels are increasingly import

02024-10-0916

It is rumored that Brazil's Suzano has approached International Paper and wants to acquire it f
Brazilian pulp and paper company Suzano has approached Memphis-based International Paper Corp. to express interest in an all-cash acquisition valued at nearly $15 billion, according to people familiar

02024-09-2926

European waste paper prices soar, with some grades hitting buyers' "pain threshold"!
 First, let’s take a look at the current waste paper market in Europe. In the UK, scrap paper prices continued to surge in May. Mixed recycled paper and board and old corrugated box (OCC) prices are

02024-09-2926

How are book printers embracing the digital wave?
To illustrate industry transformation, the book printing industry may be a good example, where the production process has completely changed and continues to evolve, largely driven by a complete

02024-09-2925

Chinese companies contribute more digital solutions to the global printing industry
The 2024 drupa printing exhibition is being held in Dusseldorf, a city in western Germany. At this world's leading printing technology event, Chinese companies have become the focus of attention w

02024-09-2928

Chinese quality books appear at Indonesia International Book Fair
On September 25, local time, the 2024 Indonesia International Book Fair opened at the Jakarta Convention and Exhibition Center. Chinese publishing institutions organized a group to participate in the

02024-09-2927