WASHINGTON — The Commerce Department ruled Tuesday that four foreign governments were unfairly subsidizing textile imports to the United States.
The countries found to be subsidizing imports were Argentina, Sri Lanka, Thailand and Peru.
However, the Commerce Department found that accusations of subsidies against Malaysia and Singapore were unfounded.
The investigations covered a wide range of products from yarns and threads to finished apparel and carpets and involved such subsidy practices as tax benefits, duty rebates, low-interest loans and preferential export financing.
The department found that the subsidies ranged from a high of 9.87% in the case of apparel imports from Argentina down to 1.23% for apparel imports from Thailand.
The finding means that a tax, known as a countervailing duty, equal to the amount of the subsidy will be imposed on imports from the affected countries.