Search Results for keywords:"twist ties"

The Department of Commerce has determined that producers and exporters of twist ties from the People's Republic of China are receiving subsidies, which violates trade rules. This investigation was prompted by Bedford Industries, Inc., and found that certain Chinese companies, including Zhenjiang Hongda Commodity Co. Ltd. and Zhenjiang Zhonglian I/E Co., Ltd., benefited from financial assistance. As a result, the U.S. Customs and Border Protection (CBP) has been ordered to suspend liquidation of twist tie imports from China and may impose duties if the U.S. International Trade Commission (ITC) confirms the resulting harm to U.S. industries. The scope of this decision includes twist ties made of metal and plastic, but excludes those sold with bags or as packaging materials.

The Department of Commerce determined that twist ties from China are being sold in the United States at less than fair value. This decision was made following an investigation covering sales from October 1, 2019, to March 31, 2020. The determination resulted in a dumping margin rate of 72.96% for the China-wide entity due to the lack of cooperation from certain companies, and separate rates were assigned to other companies that qualified. The U.S. Customs and Border Protection will continue to suspend the liquidation of these products until further notice, pending the final decision by the International Trade Commission on whether the U.S. industry is harmed by these imports.