April 24, 1990 |
Sweaters made of man-made fibers in Hong Kong, South Korea and Taiwan, representing more than a third of the U.S. market, are being sold at less than their fair market value, the Commerce Department said Monday. The National Knitwear & Sportswear Assn. had filed complaints against the sweater manufacturers last September. It said that the imports, made predominantly of acrylic fiber, represent 72% of the $1.3-billion U.S. market and that the three countries represent 55% of the imports.