Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

U S International Trade Commission : Tool Chests and Cabinets from China Injure U.S. Industry, Says USITC

share with twitter share with LinkedIn share with facebook
share via e-mail
01/03/2018 | 07:59pm CEST

The United States International Trade Commission (USITC) today determined that a U.S. industry is materially injured by reason of imports of tool chests and cabinets from China that the U.S. Department of Commerce (Commerce) has determined are subsidized by the government of China.

Chairman Rhonda K. Schmidtlein, Vice Chairman David S. Johanson, and Commissioners Irving A. Williamson and Meredith M. Broadbent voted in the affirmative.

As a result of the USITC's affirmative determinations, Commerce will issue a countervailing duty order on imports of this product from China.

The Commission's public report Tool Chests and Cabinets from China. (Investigation No. 701-TA-575 (Final), USITC Publication 4753, January 2018) will contain the views of the Commission and information developed during the investigation.

The report will be available by February 6, 2018; when available, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.

Washington, DC 20436


Tool Chests and Cabinets from China
Investigation No. 701-TA-575 (Final)

Product Description: Tool chests and cabinets are designed for the storage of tools and equipment. They have bodies that are generally made from carbon, alloy, or stainless steel, but can be produced from other metals. The subject merchandise includes top chests, intermediate chests, tool cabinets, side cabinets, mobile work benches and work stations, and metal storage units that have two or more drawers, meet specified physical dimensions, and are prepackaged for retail sale. Tool chests and cabinets can be sold individually or in sets that include a cabinet and one or more chests that stack on top on the cabinet. Tool chests and cabinets can be differentiated by size, color, number and load rating of drawers, type of drawer slides, type of latching system, type and thickness of primary construction material, lock type, type and load rating of casters or wheels, and total load rating and storage capacity. Not covered by the scope of these investigations are tool boxes, chests and cabinets with bodies made entirely of plastic, carbon fiber, wood, or other non-metallic substances; portable tool boxes; and industrial grade tool chests and cabinets.

Status of Proceedings:

1. Type of investigation: Final countervailing duty investigation.
2. Petitioner: Waterloo Industries Inc., Sedalia, Missouri.
3. USITC Institution Date: April 11, 2017.
4. USITC Hearing Date: November 28, 2017.
5. USITC Vote Date: January 3, 2018.
6. USITC Notification to Commerce Date: January 16, 2018.

U.S. Industry in 2016:

1. Number of U.S. producers: Two.
2. Location of producers' plants: Illinois and Missouri.
3. Production and related workers:
4. U.S. producers' U.S. shipments:
5. Apparent U.S. consumption:
6. Ratio of subject imports to apparent U.S. consumption:

U.S. Imports in 2016:

1. Subject imports:
2. Nonsubject imports:
3. Leading import sources: China and Vietnam.

[1] Withheld to avoid disclosure of business proprietary information.

U.S. International Trade Commission published this content on 03 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 January 2018 18:59:02 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news "Economy & Forex"
06:07pCANADIAN CHAMBER OF COMMERCE : Letter from Perrin Beatty to Premier Gallant Ahead of Council of the Federation
06:07pOFFICE OF LOUISIANA ATTORNEY GENERAL : Death Penalty Unenforced in Louisiana Due to Actions of the Governor
06:07pOEC OREGON ENVIRONMENTAL COUNCIL : Help tell Oregon leaders to move forward with Clean Energy Jobs
06:06pS&P hovers at five-month highs, Amazon hits $900 billion market cap
06:02pEBA EUROPEAN BANKING AUTHORITY : publishes final Guidelines on fraud reporting under PSD2
06:02pSDSRPC SOUTH DAKOTA SOYBEAN RESEARCH & PROMOTION : Farmers Who Enter 2018 SD Soybean Yield Contest Have Chance to Win $2000
06:02pUNITED STATES NAVY : US, Japanese, Indian Forces Begin Annual Mine Countermeasures Exercise
06:02pExTrade is going to Launch Cryptocurrency Star Products in this Bear Market
05:57pJOHN HOEVEN : Hoeven Outlines Need for Streamlined Permitting for Energy Infrastructure
Latest news "Economy & Forex"