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Content about Tariff

April 14, 2008

WASHINGTON, D.C. — The Department of Commerce (DOC) last week amended its preliminary tariffs for several Chinese manufacturers of metal wire hangers. As a result, many importers’ rates will be cut in half.

The DOC’s antidumping decision collects a deposit based on the discount off Fair Market Value (FMV) each Chinese manufacturer sells its hangers. Shanghai Wells Hanger Co. is subject to the lowest rates, 33.9%, and 13 companies that were charged an 89% tariff beginning in mid-March will now be subject to a 45.69% tariff.

April 7, 2008

WASHINGTON, D.C. — A preliminary determination from the U.S. Department of Commerce (DOC) that may result in tariffs sent wire hanger prices soaring last month for many drycleaners.

March 24, 2008

WASHINGTON, D.C. — The Department of Commerce (DOC) issued a preliminary determination last week that Chinese producers are dumping wire hangers on the U.S. market, and may levy tariffs of up to 221% on imports.