There should be a new trade remedy measure in place to protect the UK’s Suspension Poly(vinyl chloride) (SPVC) industry from harm caused by low-priced imports from the United States.
This is the finding of the Trades Remedies Authority (TRA) which found, during the period of its investigation, that imports of US-made SPVC were undercutting the UK market by an average of 26.79%.
It decided that an anti-dumping measure on imports of SPVC from the US would allow the UK industry to compete fairly, enable it to operate closer to its full capacity and potentially increase its productivity.
TRA Chief Executive Oliver Griffiths said:“Our provisional finding is that SPVC from the US is being dumped in the UK and that this is injuring domestic producers. Our publication today demonstrates how interested parties that co-operate in our investigations by sharing key data can receive a lower duty compared with those that do not.”
The provisional proposed duty amount varies between 38.43% and 56.01%, with the co-operating US exporter that submitted relevant data receiving lower rates than other exporters that did not co-operate.
With full details available HERE, interested parties now have until 3 December 2024 to comment and can do so via the Trade Remedies Service.
