Indian firms were slapped with 17.62 to 47.51 percent anti-dumping tariffs, the department said. The investigations were launched after Nan Ya Plastics Corp America, a subsidiary of Taiwan’s Nan Ya Plastics Corp (南亞塑膠), and US-based Unifi Manufacturing Inc brought a petition against Chinese and Indian exporters. However, with the heavy tariffs now imposed on Chinese polyester textured yarn exporters, Taiwanese companies would have a chance to return, Lealea said. Nan Ya Plastics said that its US subsidiary is likely to see an increase in orders from Unifi, as a result of the heavy tariffs imposed on Chinese and Indian firms. Industry sources said that Chinese firms facing heavy tariffs in the US are likely to sell their products on the domestic market, which would tighten competition for Taiwanese companies operating in China, including Nan Ya Plastics.

Source: Taipei Times November 24, 2019 15:56 UTC