Commerce Opens Probe Into Imported Thermoplastic Sheet
Law360 (August 21, 2019, 9:10 PM EDT) -- The U.S. Department of Commerce said Wednesday it will investigate claims by American manufacturers that cheap imported thermoplastic sheet from South Korea, Oman and Mexico is undercutting their business.
Commerce opened its anti-dumping probes into the imported polyethylene terephthalate, or PET, sheet, after a group of U.S. manufacturers claimed that producers from those three countries were selling the product in the U.S. at prices below fair market value.
The American companies — Minnesota-based Advanced Extrusions Inc., Illinois-based Ex-Tech Plastics Inc. and Pennsylvania-based Multi-Plastics Extrusions Inc. — asked the government to slap tariffs as high as 115% on foreign imports of PET...
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