US continues to impose anti-dumping taxes on Vietnamese wind turbines

The United States International Trade Commission (USITC) has announced its final conclusion of its sunset reviews concerning anti-dumping to utility scale wind towers imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).
us continues to impose anti dumping taxes on vietnamese wind turbines

Illustrative image (Source: internet)

The MoIT further said the USITC announced that the termination of the imposition of anti-dumping duties on utility scale wind towers imported from Vietnam would likely cause the US’ domestic manufacturing industry to continue suffering significant losses.

The US Department of Commerce (DOC) will continue to impose anti-dumping duties on wind tower products for another five years and may conduct administrative reviews annually to adjust the applicable tax rates.

On January 18, 2012, the DOC initiated an anti-dumping investigation into utility scale wind towers imported from a number of countries, including Vietnam. Both the USITC and the DOC issued their final conclusion related to the case and applied anti-dumping measures against the Vietnamese product.

The DOC preliminarily determined that Vietnamese producers and exporters sold utility scale wind towers in the US at dumping margins of 52.51 percent to 58.49 percent in 2012.

In the investigation, mandatory respondent CS Wind Corporation and CS Wind Vietnam Co., Ltd., received a preliminary dumping margin of 51.50 percent. All other Vietnamese producers and exporters received a preliminary dumping margin of 58.49 percent.

The petitioner for these investigations is the Wind Tower Trade Coalition. The Wind Tower Trade Coalition consists of the following member companies: Broadwind Towers, Inc. (Manitowoc, WI); DMI Industries (Fargo, ND); Katana Summit LLC (Columbus, NE); and Trinity Structural Towers, Inc. (Dallas, TX).

Source: VNA

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