The United States International Trade Commission decided last week that the Department of Commerce should continue its investigation of possible dumping of coated free sheet paper from China, Indonesia, and Korea.
NewPage, a Dayton paper manufacturer, had asked the Department of Commerce to impose anti-dumping duties. The Department has filed a notice in the Federal Register asking for public comment on whether it should change a long-standing policy of not applying such duties on products made with government help in non-market economies such as China.
The Department of Commerce expects to reach a preliminary countervailing duty determination in late January, with an anti-dumping determination due in April.
Frank Vargo, vice president of international affairs at the National Association of Manufacturers, said: "This process takes 12 to 18 months, but this is a hugely important first step. This is a landmark case."
NewPage says that China's membership of the World Trade Organization had emboldened it to bring the case, since its WTO obligations may prohibit government support which leads to dumping.
.
Archive
| Resources | Partners
| Site Map | Links
| Newsletter
Archive | Contact
| RSS Feeds
About | Syndication |
Advertising & Marketing |
Recruitment |
Terms & Conditions |
Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
All content provided by BSI Media
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment