*EPF209 05/18/2004
Commerce Recalculates Duties on Televisions from China
(Also finds aluminum plates from South Africa dumped in U.S.) (300)
Washington -- The Department of Commerce has announced it amended dumping margins that will be used as a basis for antidumping duties imposed on color televisions imported from China.
Imposition of antidumping duties equal to dumping margins requires final affirmative determinations both from the Commerce Department on dumping and from the U.S. International Trade Commission (ITC) on injury.
The ITC on May 14 made its affirmative final determination that the imports injured U.S. industry.
On the same day, Commerce said that it has amended final dumping margins because it made several small unintentional errors calculating those margins for the final determination. Some amended margins are slightly lower and some slightly higher than the original ones.
The dumping margins as revised by Commerce are:
-- Konka Group Company Ltd., 9.69 percent;
-- Sichuan Changhong Electric Co. Ltd., 26.37 percent;
-- TCL Holding Company Ltd., 21.25 percent;
-- Xiamen Overseas Chinese Electronic Co. Ltd., 5.22 percent;
-- all others, 22.94 percent; and
-- China-wide, 78.45 percent.
Dumping is the sale of an export good at a price below the home-market or a third-country price, or below the cost of production. The dumping margin is the price difference expressed as a percentage of the export price.
In a separate May 14 ruling, the department has made a preliminary determination that U.S. imports of aluminum plate from South Africa were dumped on the U.S. market and calculated a dumping margin of 4.33 percent.
In 2003 U.S. imports of aluminum plate from South Africa amounted to nearly $30 million.
The department is scheduled to make its final determination by July 27. An ITC final ruling is expected by September 10.
(Distributed by the Bureau of International Information Programs, U.S. Department of State. Web site: http://usinfo.state.gov)
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