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Mexico Announces New Dumping Duty On China

by Mike Godfrey, Tax-News.com, Washington

12 June 2014


Mexico's Ministry of Economy has decided to impose an anti-dumping duty on imports of synthetic fiber blankets from China.

An investigation conducted by the ministry at the request of Mexican textile companies Apolo Textil and Grupo Textil Providencia concluded that synthetic fiber blankets originating in China were being sold in Mexico at prices that undercut domestic producers. The investigation studied the effects of Chinese imports on the domestic synthetic fiber blanket industry between January 1, 2009, and June 30, 2012.

An announcement in the Official Gazette said that an anti-dumping duty would be applied to Chinese synthetic fiber blankets (codes 6301.40.01 and 9404.90.99 of the Tariff Act of General Imports and Exports) if the customs value is less than USD12.1 per kilogram. The rate will be determined based on the difference between the import price and the reference price.

The duty became effective on May 27, 2014.

TAGS: anti-dumping | China | Mexico | Economy

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