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Brazil Slaps Anti-Dumping Tariffs On Thai Resins

Mike Godfrey, Tax-News.com, New York

28 June 2013


Brazil has begun imposing anti-dumping tariffs of between USD2,550/ton and USD3,450/ton on imports of polycarbonate resins from Thailand.

The measures will last five years and were applied in response to a 2011 investigation by the country's trade ministry, which found that Brazilian producers of the resin were being harmed by dumping.

According to the ministry, Brazilian producers suffered a 24.7 percent decline in sales volume between 2007 and 2011. Their total sales and production dropped 46.8 percent and 22.7 percent respectively.

In the same period Brazil's imports of polycarbonate resins from Thailand surged 118 percent and the share of the domestic market held by Brazilian producers fell by 12.7 percentage points.

On June 10, 2013 Brazil launched an anti-dumping investigation on imports of tires for passenger vehicles from South Korea, Thailand, South Africa, Russia, Taiwan and Japan.

TAGS: Russia | South Africa | tariffs | anti-dumping | Taiwan | Thailand | Brazil | trade | Japan | Africa

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