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US Commerce starts investigations of rubber band imports from China, Sri Lanka, Thailand

( February 22, 2018, 19:10 GMT | Official Statement) -- MLex Summary:  The US Commerce Department has initiated new antidumping duty and countervailing duty investigations to determine whether rubber bands from China, Sri Lanka, and Thailand are being dumped in the United States or if producers in those countries are receiving unfair subsidies.These investigations were initiated based on petitions filed by Alliance Rubber Company. The alleged dumping margins range from 27.27 percent for China, 56.54 percent to 133.13 percent for Sri Lanka, and 28.92 to 78.36 percent for Thailand. There are 16 subsidy programs alleged for China, 20 subsidy programs alleged for Sri Lanka, and 10 subsidy programs alleged for Thailand.Statement follows:...

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