The US domestic industry says it is harmed by imports of fine denier polyester staple fiber from China, India, Korea, and Taiwan. The allegations are that exporters from these countries sell fine denier polyester staple fiber in the United States at less than fair value.
The allegations identify a number of significant national and regional programs, including preferential export financing, preferential income tax treatment, tax exemptions, rebates and credits on imports of inputs and capital goods used in the production of fine denier PSF and grants for fine denier PSF producers to assist in the development of export market and to protect against commercial risk.
US Customs and Border Protection may be instructed to collect cash deposits from importers of fine denier polyester staple fiber from China, India, Korea, and Taiwan. In 2017, imports of fine denier polyester staple fiber from China, India, Korea, and Taiwan were valued at an estimated $61.4 million, $23.7 million, $11.9 million, and $7.4 million respectively. Foreign companies that price their products in the US market below the cost of production or below prices in their home markets are subject to anti-dumping duties. China’s dumping margin is alleged to be 88.07 to 103.06 per cent, while that of India is 21.31 to 29.70 per cent.