• November 22, 2024

Korean imports investigated

 Korean imports investigated

The U.S. has launched an antidumping duty investigation into cigarettes imported from South Korea following a complaint by two domestic manufacturers, reports Yonhap News Agency.

The U.S. International Trade Commission said it will determine whether “there is a reasonable indication” that an industry in the United States is materially injured or threatened due to imports of South Korean cigarettes that are allegedly sold in the U.S. at less than fair value.

The commission must reach a preliminary determination in antidumping duty investigations by Feb. 3, 2020, unless the U.S. commerce department extends the time for initiation.

Tobacco manufacturers Xcaliber International and Cheyenne International requested the probe through a petition on Dec. 18.