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Mexico To Slap Dumping Duties On Chinese Bikes

by Mike Godfrey, Tax-News.com, Washington

11 June 2015


Mexico announced on June 10, 2015, that it has decided to impose a provisional anti-dumping duty on imports of children's bicycles from China.

The Mexican Government said that children's bicycles from China have been entering Mexico at below-cost prices, thereby harming domestic manufacturers – a practice known as "dumping."

The investigation was initiated on October 10, 2014, at the request of Mexican bicycle manufacturers. Its investigation covered the period between January 1, 2011, and December 31, 2013.

The investigation concluded that there was a dumping margin of USD10.10 per bicycle. It noted that imports rose by 182 percent over the period investigated. The increase in imports resulted in an increase in market share for Chinese exporters and a fall in demand for domestic producers, it found.

Mexico will consequently introduce provisional anti-dumping duties equal to USD10.10 per bicycle.

The European Union has levied anti-dumping duties on Chinese bicycles since 1993. Its levy was increased in 2005 to 48.5 percent from 30.6 percent.

TAGS: tax | business | India | law | anti-dumping | China | Mexico | manufacturing | trade disputes | import duty | trade | Europe

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