Vietnamese Exporters Dump Innerspring Units in U.S.-ITC

The United States International Trade Commission (ITC) has recently announced its preliminary injury determination verdict that Vietnamese mattress innerspring makers are dumping products which are threatening the local industry, the Thanh Nien Daily reported Monday.

 

All six commissioners voted affirmative in a decision issued last Wednesday, declaring that there is reasonable indication that the U.S.’s industry is being materially injured or threatened with material injury by imports of uncovered innerspring units.

 

The commission has asked the U.S. Department of Commerce (DOC) to continue its anti-dumping investigation into imported units from Vietnam, with manufacturers from China and South Africa also being implicated for allegedly selling the product in the U.S. at unfair market value.

 

The DOC is expected to release a preliminary determination on the dumping band this June 9.

 

The DOC reported Vietnamese innerspring exporters are accused of cutting selling prices by 116 per cent.

 

Some 11 Vietnamese exporters, mostly from the south, are likely to be reviewed by the DOC, according to Vietnam’s Ministry of Industry and Trade (MOIT).

 

In 2006, the U.S. imported an estimated US$1.6 million worth of innersprings from Vietnam. (Thanh Nien Daily, Labor)