Money - International
US imposes new anti-dumping duties on Chinese mattresses, beer kegs
US dollar banknotes are seen in this photo illustration taken February 12, 2018. u00e2u20acu201d Reuters pic

WASHINGTON, May 30 — The US Commerce Department said yesterday it had determined that Chinese-made mattresses and stainless steel beer kegs were being dumped in the US market at less than fair value, and that it would impose preliminary anti-dumping duties.

German and Mexican-made stainless steel kegs are also being hit with new duties, the Commerce Department said.

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The US government is imposing duties of up to 79.7 per cent on Chinese-made kegs and up to 1,731 per cent on mattresses. Major US mattress firms had petitioned for relief, including Serta Simmons Bedding LLC, Leggett & Platt Inc and Tempur Sealy International Inc. American Keg Co had also sought relief.

The duties are 8.6 per cent for German kegs and 18.5 per cent for Mexican kegs. In 2017, imports of refillable stainless steel kegs from China, Germany and Mexico were valued at an US$18.1 million, US$11.8 million, and US$5.7 million respectively, the department said.

Pennsylvania-based American Keg's website says that it is the only US manufacturer of stainless steel kegs. But to meet the demand for a variety of keg sizes and styles, it will "continue to source and import kegs from abroad while we grow our domestic keg manufacturing capabilities,” it added.

In 2017, the United States imported US$436.5 million (RM1.8 billion) in Chinese-made mattresses, the Commerce Department said. The duties cover adult mattresses ranging from twin to California king size and crib or youth mattresses.

The US Customs and Border Protection will begin collecting cash deposits from importers of mattresses and beer kegs before final determinations are made by November.

Since the Trump administration took office, the Commerce Department has initiated 168 new anti-dumping and countervailing duty investigations, more than twice the number for the comparable period in the previous administration. — Reuters

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