On November 20, 2018, Commerce published its affirmative final determination in Federal Register of sales at less than fair value (LTFV) and its affirmative final determination that countervailable subsidies are being provided to producers and exporters of rubber bands from China. On February 11, 2019, the ITC notified Commerce of its final affirmative determinations that an industry in the United States is materially injured by reason of LTFV imports and subsidized imports of rubber bands from China. Based on affirmative final determinations by the Department of Commerce (Commerce) and the International Trade Commission (ITC), Commerce is issuing antidumping duty (AD) and countervailing duty (CVD) orders on rubber bands from the People’s Republic of China (China).
The estimated weighted-average dumping margin is as follows:
Estimated weighted average dumping margin (percent)
The subsidy rates are as follows:
Graceful Imp. & Exp. Co., Ltd
Moyoung Trading Co., Ltd
Ningbo Syloon Imp & Exp Co., Ltd