The tariffs that are scheduled to apply to more than a dozen Italian pasta manufacturers’ products later this year are about to be drastically reduced by the US Commerce Department.
Tariffs of at least 15% already apply to the majority of European Union goods. Italian pasta would have been subject to a total rate of 107% under the pasta-specific tariffs, which were first suggested in October at a rate of 92%. The charges would range from 24% to 29% under the recently announced rates.
The Commerce Department stated in a post-preliminary report released on Wednesday that the final rates, scheduled for disclosure on March 12, are the result of an inquiry into certain producers that sold pasta at unjustly low prices.
Thirteen Italian pasta manufacturers may be subject to duties following an antidumping complaint filed by two American businesses with the US Commerce Department in July of last year. Two Midwestern businesses, 8th Avenue Food & Provisions and Winland Foods, alleged in the case that several Italian businesses underpriced imported pasta into the US.
Two businesses, La Molisana and Pastificio Lucio Garofalo, made sales to the US at less than normal value, according to the Commerce Department’s preliminary inquiry, which was released in September. Additionally, it claimed that both provided incomplete and unreliable data and were uncooperative during the investigation.
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