The U.S. Department of Commerce has determined that melamine from Trinidad and Tobago is being sold in the U.S. at less than fair value, which is a violation of trade laws. No new comments were submitted, so the decision remains the same as the preliminary findings, applying adverse facts available (AFA) to Methanol Holdings (Trinidad) Limited for not participating. The calculated dumping margin for Methanol Holdings and a 98.32% rate for all other producers and exporters continue to apply. The U.S. International Trade Commission will decide whether U.S. industries are harmed or threatened by these imports within 45 days of the official notice. If harm is found, antidumping duties will be enforced; otherwise, deposits will be refunded.
Simple Explanation
The U.S. Department of Commerce found that melamine, a type of chemical, from Trinidad and Tobago is being sold in the United States for less money than it should be. If this makes it hard for U.S. companies to compete, special fees called antidumping duties might be added to make things fair.