In a significant trade development, the U.S. International Trade Commission (USITC) has determined that imports of epoxy resins from South Korea, Taiwan, and Thailand are materially injuring the domestic U.S. industry. The Commission concluded these imports are being dumped in the U.S. market at unfair prices, and in the case of South Korea and Taiwan, are also being subsidized by their respective governments.
In contrast, the Commission found imports from China and India to be negligible and has terminated related antidumping and countervailing duty investigations.
The ruling follows findings by the U.S. Department of Commerce that epoxy resins from all five countries were being sold at less than fair value, with evidence of government subsidies in four. However, the Commission—tasked with assessing whether these practices materially harm U.S. producers—voted unanimously to move forward only against South Korea, Taiwan, and Thailand.
Commission Chair Amy Karpel, along with Commissioners David S. Johanson and Jason E. Kearns, voted in favor of affirmative injury determinations concerning South Korea, Taiwan, and Thailand. The trio also determined that import volumes from China and India were too minimal to cause injury, prompting the termination of those investigations.
As a result of the USITC’s findings:
- Antidumping duty orders will be issued on imports from South Korea, Taiwan, and Thailand.
- Countervailing duty orders will be imposed on imports from South Korea and Taiwan.
- Investigations into epoxy resin imports from China and India are officially closed.
The USITC’s final report, titled Epoxy Resins from China, India, South Korea, Taiwan, and Thailand (Inv. Nos. 701-TA-716-719 and 731-TA-1683-1687), will provide further detail on the Commission’s analysis and will be publicly available by June 9, 2025, on the USITC website.
Epoxy resins are widely used in coatings, adhesives, and electronic components, and the ruling is expected to reshape the competitive landscape of the U.S. chemical manufacturing sector.
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