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BackCase 12! China's imported nylon film, the Ministry of Finance announced a temporary anti-dumping tax of 40.21%
Case 12! China's imported nylon film, the Ministry of Finance announced a temporary anti-dumping tax of 40.21%
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自由时报59 minutes agoBusiness2 min readChinaView original

Case 12! China's imported nylon film, the Ministry of Finance announced a temporary anti-dumping tax of 40.21%

Quick Look

  • The Ministry of Finance has temporarily imposed an anti-dumping tax of 40.21% on specific polyamide films (nylon films) imported from China for a period of four months starting from October 19 to prevent the domestic industry from continuing to be damaged during the investigation.
  • There are currently 12 cases involving anti-dumping duties on Chinese goods.

AI-generated summary

Why It Matters

The Customs Administration of the Ministry of Finance stated that in an investigation into the imposition of anti-dumping duties on specific polyamide films imported from China, the Ministry of Finance and the Ministry of Economic Affairs initially determined that there was dumping and that it caused substantial damage to the domestic industry.

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The Ministry of Finance announced today that it will temporarily impose an anti-dumping tax of 40.21% on Chinese nylon films starting from October 19. (Provided by the Ministry of Finance)

[Reporter Zheng Qifang/Taipei Report] The Customs Administration of the Ministry of Finance stated that in the investigation of anti-dumping duties on specific polyamide films imported from China, the Ministry of Finance and the Ministry of Economic Affairs initially determined that there was dumping and that it caused substantial damage to the domestic industry. In order to prevent our industry from continuing to suffer damage during the investigation, the Ministry of Finance announced that it would temporarily impose an anti-dumping tax of 40.21% starting from October 19 for a period of four months.

There are currently 13 cases in which anti-dumping duties have been levied in my country, and Chinese goods have been involved in 10 cases. If two cases of temporary anti-dumping duties are added, including electromagnetic steel products and polyamide films, there are currently 12 cases in which anti-dumping duties have been levied on Chinese goods.

Please read on...

Polyamide film, commonly known as nylon film, is mainly processed by downstream industries and used for packaging of food, chemical supplies, medical supplies, and electronic materials. The Customs Administration stated that the preliminary investigation results of the film anti-dumping tax case were reviewed and resolved by the Tariff Rate Review Group of the Ministry of Finance. It was initially determined that except for Yuncheng Group, all other Chinese manufacturers involved in the case had dumping facts, and the relevant manufacturers were temporarily levied an anti-dumping tax of 40.21%. "

The Customs Administration explained that according to regulations, the Ministry of Finance should complete the final determination of whether there is dumping within 60 days from the day after the preliminary determination announcement. If the fact of dumping is finally determined, the Ministry of Economic Affairs will be transferred to the Ministry of Economic Affairs to make a final investigation and determination of whether dumping has harmed our industry within 40 days. The Ministry of Finance will submit it to the review group for review within 10 days after receiving the notice from the Ministry of Economic Affairs that damage to my country's industry has occurred. The review group will use factors such as dumping and industrial damage as the main basis for determination, and may decide whether to impose anti-dumping duties based on the impact of the case on the country's overall economic interests.

For the announcement on the temporary imposition of anti-dumping duties in the film anti-dumping tax case, and the preliminary identification report of dumping and industrial damage, please go to the official website of the Customs Administration (https://web.customs.gov.tw/Goods Clearance/Anti-dumping and Balancing Duty Measures/Case Under Investigation-Anti-dumping Duty Case), and the Economic Check the official website of the International Trade Administration of the Ministry of Foreign Affairs (https://www.trade.gov.tw/Economic and Trade Relations/Trade Remedy Measures Adopted by my country/Case Investigation/Case Under Investigation). If you have any questions, please call the Customs Administration consultation hotline (02) 2550-5500 extension 1055.

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What to Watch

AI outlook — possibilities, not facts

  • The Ministry of Finance will complete the final determination of the dumping facts within 60 days

    Very likely · Within weeks

  • The Ministry of Economic Affairs will complete the final investigation and determination of damage to domestic industries within 40 days after receiving the final determination notice.

    Very likely · Within weeks

Open Questions

  • Will the final determination confirm that all Chinese manufacturers involved in the case have dumped facts?
  • Will the Ministry of Economic Affairs complete the final investigation and determination of damage to domestic industries within 40 days?
  • Will anti-dumping duties be formally levied after the temporary levy period ends?

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This article was originally published by 自由时报.

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