USITC rejects dumping, subsidy cases against India

Monday, 21 July 2003, 07:00 Hrs
Printer Print Email Email
WASHINGTON: The U.S. International Trade Commission (USITC) has rejected dumping and subsidy cases against a product from India used in manufacturing printing ink.

In a 4-0 vote, the commissioners made a preliminary determination that the imports from India of coloured synthetic organic oleo-resinous pigment dispersions did not hurt U.S. industry.

Imposition of antidumping duties requires final affirmative determinations from both the Department of Commerce that dumping occurred and the USITC that the imports injured or threatened U.S. industry.

Similarly, imposition of countervailing duties requires final affirmative determinations on both subsidies and injury.

These pigment dispersions, thick putty that contains pigment dispersed in a varnish, are used primarily for the manufacture of letterpress and lithographic printing inks.

Source: IANS
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..