Antidumping Review Leads to Increased Profits for U.S. Importer/Manufacturer
Here's an example of how antidumping duties on imported raw materials can impact a U.S. importer's bottom line:
In a press release issued today by Arch Chemicals, Inc., a Connecticut-based chemicals company, the company announced that the reduction in antidumping duties in the second antidumping administrative review on chlorinated isocyanurates from China will result in an $11 million pre-tax benefit to the company.
In the final results of the second administrative review published in today's Federal Register, the Commerce Department reduced the antidumping duty rate on chlorinated isocyanurates from one of Arch's suppliers from 76% to less than 1%.
Labels: Antidumping
|posted by Douglas N. Jacobson| Permalink 
