U.S. panel terminates dumping case against India

Tuesday, 01 July 2003, 19:30 IST
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WASHINGTON: A U.S. trade panel has terminated investigations into dumping charges against certain chemicals imported from India, China and Germany. The U.S. International Trade Commission (USITC) determined that there is not a reasonable indication that a U.S. industry is materially injured or threatened due to the imports of the chemicals from India, China and Germany that are allegedly subsidised and sold in the U.S. at less than fair value. The commissioners by a 4-0 vote made a preliminary determination that evidence of injury or threat to domestic industry was not sufficient to continue the investigations, thus ending the cases. Monday's ruling concerns U.S. imports of 4,4'-diamino-2,2'-stilbenedisulfonic acid and stilbenic fluorescent whitening agent (SFWA) from the three countries. With respect to stilbenic fluorescent whitening agents they found that imports from China and India were negligible and negative with respect to imports from Germany. Imposition of anti-dumping duties requires final affirmative determinations both from the Department of Commerce that dumping occurred and from the USITC that the imports injured or threatened U.S. industry. Similar determinations on subsidy and injury are needed for the imposition of countervailing duties. Dumping is the import of goods at a price below the home market or a third-country price or below the cost of production. A subsidy is a grant conferred on a producer by a government.
Source: IANS
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