The U.S. Department of Commerce determined that narrow woven ribbons with woven selvedge from Taiwan were sold at prices lower than normal in the U.S. during the review period from September 1, 2022, to August 31, 2023. Since no parties commented on the preliminary findings, Commerce finalized the results without changes, relying on adverse facts available for two Taiwanese companies, Hao Shyang and Lung Che. This decision means they will face antidumping duties, and U.S. Customs and Border Protection will assess these duties according to the final results. New cash deposit rates will apply based on the outcome of this review.
Simple Explanation
The U.S. found that special ribbons from Taiwan were sold really cheap in America, more than they should have been, so the U.S. is going to charge extra fees called duties on them to make sure prices are fair.