*EPF312 11/10/2004
Anti-dumping Duties Imposed on Hand Trucks Imported from China
(USITC commissioners determine imports injure or threaten U.S. industry) (180)
Washington -- Imposition of anti-dumping duties on hand trucks, or dollies, from China has been approved by the U.S. International Trade Commission (USITC).
In a 6-0 vote November 10, the commissioners made an affirmative final determination that the imports injured or threatened U.S. industry.
Imposition of anti-dumping duties requires final affirmative determinations both from the Department of Commerce on dumping and from the USITC on injury.
In October, the Commerce Department had issued its affirmative dumping determination, calculating the dumping margins as ranging from 24.90 percent to 386.75 percent.
U.S. imports of the hand trucks from China amounted in 2003 to $21.4 million, about a 27 percent share of the U.S. market.
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 Bureau of International Information Programs, U.S. Department of State. Web site: http://usinfo.state.gov)
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