Taiwan Ribbons Hit with Dumping Duties After Review
Published Date: 1/22/2025
Notice
Summary
The U.S. checked narrow woven ribbons from Taiwan and found they were sold here for less than fair value between September 2022 and August 2023. Because of this, some extra duties (taxes) will apply to these ribbons to keep things fair for U.S. businesses. If you import or sell these ribbons, expect changes in costs starting now.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Antidumping Duties Raise Import Costs
If you import or sell narrow woven ribbons with woven selvedge from Taiwan, Commerce found they were sold below normal value during September 1, 2022 through August 31, 2023 and extra antidumping duties will apply. Expect higher import costs for those ribbon shipments because of the final results of the administrative review.
Decision Protects U.S. Ribbon Makers
If you are a U.S. maker of narrow woven ribbons, the Commerce finding is intended to keep competition fair by making imported Taiwan ribbons that were sold below normal value face extra duties for the period September 1, 2022 through August 31, 2023. This action aims to reduce the price advantage of those imports for the covered period.
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