Amid rising protectionist sentiments, the U.S. Commerce Department on Tuesday preliminarily determined that Chinese drawn stainless sinks have received countervailing subsidies, signaling that it may impose punitive duties on the products.
In a countervailing duty (CVD) investigation, the department found that Chinese producers/exporters of drawn stainless sinks have received countervailing subsidies of 2.12 percent to 13.94 percent.
In a countervailing duty (CVD) investigation, the department found that Chinese producers/exporters of drawn stainless sinks have received countervailing subsidies of 2.12 percent to 13.94 percent.
