WASHINGTON (Reuters) – The U.S. Commerce Department said on Monday it had made a preliminary determination that Chinese and Vietnamese countries had dumped tool chests and cabinets in the U.S. market.
The department said it calculated a preliminary dumping rate of 168.93 for Geelong Sales (Macao Commercial Offshore) Ltd, and a rate of 90.40 for Tongrun Single Entity.
Commerce calculated a preliminary dumping rate of 230.31 for Vietnamese respondent Clearwater Metal Single Entity.
The action came in response to a complaint by Waterloo Industries Inc, which makes tool chests in Sedalia, Missouri. Waterloo is a subsidiary of Fortune Brands Home & Security Inc (N:).
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Source: Investing.com