The United States International Trade Commission has announced the scheduling of expedited reviews to determine if removing antidumping and countervailing duties on polyester textured yarn from China and India would likely cause continued harm to the domestic industry. The notice states that the Commission found adequate responses from the domestic party but inadequate responses from the respondents, leading to the decision for expedited reviews. The process will involve written submissions and a public version of the staff report will be issued. The Commission has determined that these reviews are complex and may extend the review period by up to 90 days.
Simple Explanation
The U.S. government is checking if stopping special taxes on yarn from China and India would hurt local yarn makers here, because some companies didn't give enough information but a few did, and it wants to make sure everything is fair.