US sets final dumping duties on transport containers from China

The US Commerce Department on Monday said it set final dumping duties on imports of rail and road transport containers from China after finding the goods were sold below cost in the United States. 

PHOTO: HUTCHISON PORT HOLDINGS

14 Apr7:46 AM

[WASHINGTON] The US Commerce Department on Monday said it set final dumping duties on imports of rail and road transport containers from China after finding the goods were sold below cost in the United States.

Under the department's decision, 53-foot domestic dry containers will face anti-dumping duties of 107.1 per cent to 111.22 per cent. It found imports of such containers received countervailable subsidies ranging from 17.13 per cent to 28.00 per cent.

In 2013, about US$184 million worth of such containers were imported from China.

REUTERS