The U.S. ITC will proceed with an investigation of alleged dumping of tool chests from China and Vietnam. A decision is due by June 6, though the acceleration in exports and more hawkish stance taken by Commerce Secretary Wilbur Ross may lead to a faster timeline. Panjiva data shows imports in the first quarter of 2017 of the products covered were $633 million per month, vs. $238 million per month in 2016.
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