USA POLYSTER TEXTURED YARN IMPORTERS AWAIT LIKELY DECEMBER APPROVAL OF HEAVY PROTECTIVE DUTIES ON INDIAN AND CHINESE SUPPLIES
November 1st, 2019
USA polyester textured yarn importers sourcing from China and India are being forced to pay deposits on their cargoes covering anticipated heavy anti-dumping and countervailing duties which could be imposed in the New Year. These traders and their manufacturing partners are awaiting a decision from the US International Trade Commission (ITC) in late December over claims from the US department of commerce (DoC) that Indian and Chinese yarn makers are both being unfairly subsidised by their government and dumping cheap excess production on American markets. ...
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