China Found Guilty of Illegal Product Dumping
February 8, 2011
Washington, D.C .- Rep. Gene Green (TX-29) applauded the United States International Trade Commission (USITC)’s ruling in favor of domestic manufacturing by finding Chinese-imported drill pipe and drill collars to be unfairly subsidized and dumped onto the American market. Rep. Green testified last month in front of the USITC in support of Houston-area drill pipe and collar manufacturers.
“I am happy to see the USITC stand with American manufacturers. Drill pipe and drill collars are crucial to the energy sector in the Gulf Region,” said Rep. Green. “I believe this ruling to be another step in the resurgence of American manufacturing.”
VAM Drilling, one of the petitioning manufacturers in the case, located in Rep. Green’s Congressional District, has been forced to layoff approximately two-thirds of their employees in recent years due to underpriced Chinese drill pipe and collar flooding the market. VAM Drilling was in danger of laying off 200 more employees if the USITC failed to rule in favor of domestic manufacturers.
Within 90 days, U.S. Customs and Border Protection will begin enacting antidumping and countervailing duties on certain Chinese exporters at margins ranging between 0.00 and 69.32 percent at the direction of the Department of Commerce.