Initial ITC Vote Backs Duties On Clothes Hanger Imports

Law360, New York (February 10, 2012, 6:07 PM EST) -- The U.S. International Trade Commission preliminarily voted Friday that underpriced wire clothes hangers imported from Vietnam and Taiwan were significantly harming U.S. manufacturers, allowing the continuation of a probe that could lead the U.S. to place dumping duties on the imports.

The commissioners all agreed that there was a reasonable indication that U.S. hanger makers were being materially injured by allegedly subsidized steel wire hangers from Vietnam and from imports from both Vietnam and Taiwan that are allegedly being sold for less than fair value....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.