US Supports Countervailing Duties For Chinese Ribbon

Law360, New York (December 9, 2009, 3:07 PM EST) -- The U.S. Department of Commerce has preliminarily determined that Chinese imports of ribbon used in scrapbooks and floral arrangements are being subsidized and should be subject to countervailing duties in the United States.

The International Trade Administration, which is part of the Commerce Department, said Tuesday that it has determined that Chinese producers have received net countervailable subsidies ranging from less than 1 percent to 118.68 percent.

It found that Changtai Rongshu Textile Co. Ltd., which did not respond to the government's inquiry, should be subject...
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