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      Economy

      U.S. sets final dumping rates on China's large residential washing machines

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      2016-12-10 08:25Xinhua Editor: Huang Mingrui ECNS App Download

      The U.S. Commerce Department on Friday set final dumping rates on imports of large residential washing machines from China, signaling that it may impose punitive duties on the products.

      The department said that such products from China had been sold in the United States at dumping margins of 32.12 percent to 52.51 percent

      As a result of the final affirmative determinations, Commerce will instruct U.S. Customs and Border Protection to require cash deposits at the final rates.

      The Commerce launched AD investigations against imports of such products from China in January 2016, in response to a request from Whirlpool Corporation based in the state of Michigan.

      Punitive duties would be imposed after both the Commerce Department and the U.S. International Trade Commission (USITC) make affirmative final rulings. The USITC is scheduled to make its final determination in January 2017.

      Imports of these products from China were estimated at about 1.1 billion U.S. dollars in 2015, according to U.S. official data.

      The Chinese Ministry of Commerce has kept urging Washington to abide by its commitment against protectionism and help maintain a free, open and just international trade environment.

        

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