USDOC investigates tool chests imports from Việt Nam


Update: May, 03/2017 – 18:00

Tool chests and cabinets from Việt Nam and China are under the investigation of dumping in the US market. — Photo
Viet Nam News HÀ NỘI – The US Department of Commerce has begun investigating the possibility of dumping of imports of tool chests and cabinets from Việt Nam and China.

The investigation is being conducted following a petition from Waterloo Industries Inc., which filed an anti-dumping and a countervailing duty from the two countries on April 11.

The company alleges a dumping margin of 159.99 per cent for China and a dumping margin of 21.85 per cent for Việt Nam. It also said exporters and producers from China had received unsuitable subisidisation from their government.

The International Trade Commission (ITC) may reveal its primary investigation result on May 25. The investigation will be continued if ITC finds evidence that shows the import of tool chests and cabinets from the two countries is damaging or threatening the United States’ domestic industry.

Last year, the United States imported tool chests and cabinet at a total value of US$989.9 million from China and $77 million from Việt Nam.

The US anti-dumping law imposes special tariffs to counteract imports that are sold in the United States at less than “normal value”. For anti-dumping duties to be imposed, the US Government must determine not only that dumping is occurring, but also that there is “material injury” (or threat thereof) by reason of the dumped imports. Importers are liable for any potential anti-dumping duties imposed. In addition, these investigations could impact purchasers by increasing prices and/or decreasing the supply of tool chests and cabinets. — VNS

This entry was posted in Economics - Kinh tế, Export - Xuất khẩu and tagged , , by Trần Đình Hoành. Bookmark the permalink.

About Trần Đình Hoành

I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn. I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law. I have published many articles on national newspapers and radio stations in Việt Nam. In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship. Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam. I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN. I study and teach the Bible and Buddhism. In 2009 I founded and still manage on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development ( I study the art of leadership with many friends who are religious, business and government leaders from many countries. In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống). In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success". I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.

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