Hyundai Electric & Energy Systems Co. lost its challenge to U.S. duties on certain entries of large power transformers from South Korea, the U.S. Court of International Trade said.
The U.S. maintains antidumping duties on imports from South Korea of large power transformers, used in high-voltage electrical power transmission systems. The Commerce Department conducted a periodic duty review covering imports of such transformers that entered the U.S. between August 2016 and July 2017. It calculated a dumping margin and corresponding duty rate of 60.81% for Hyundai’s transformers.
Hyundai challenged these results at the trade court, specifically Commerce’s conclusion that the ...
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