*EPF414 12/13/2001
USITC Votes for Antidumping Duties on Gift Boxes from China
(Commissioners decide 6-0 that imports hurt U.S. industry) (160)

Washington -- The U.S. International Trade Commission (USITC) has voted to impose antidumping duties on U.S. imports of folding gift boxes from China.

In a 6-0 vote December 13, the commissioners made an affirmative final determination that the imports injured or threatened U.S. industry.

Imposition of antidumping duties requires final affirmative determinations both from the Department of Commerce on dumping and from the USITC on injury.

In November the Commerce Department made its final affirmative determination, calculating the dumping margins as follows: Red Point Paper Products Co., Ltd., 8.90 percent; Max Fortune Industrial Ltd. 1.67 percent; China-wide Rate, 164.75 percent.

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 dumping margin represents by how much the fair-value price exceeds the dumped price.

(Distributed by the Office of International Information Programs, U.S. Department of State. Web site: http://usinfo.state.gov)

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