India's Epoxy Resins Hit with Antidumping Duties: Prices Set to Rise
Published Date: 4/3/2025
Notice
Summary
The U.S. says some epoxy resins from India are being sold here for less than they should be, which isn’t fair. Because of this, extra duties will be added to these imports starting soon to protect American businesses. This decision covers sales from April 2023 to March 2024 and means importers might pay more when bringing in these products.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Extra duties on epoxy resin imports
The Department of Commerce found that certain epoxy resins from India were sold in the U.S. at less than fair value for the period April 1, 2023 through March 31, 2024. Because of that finding, extra duties will be added to those imports, so importers of these epoxy resins might pay more when bringing them into the United States.
Protection for U.S. epoxy producers
Commerce's final determination is intended to protect American businesses by finding certain epoxy resins from India were sold at less than fair value for April 1, 2023 through March 31, 2024. The added duties on those imports are meant to shield U.S. epoxy resin producers from unfairly priced foreign competition.
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