Special Report on
Anti-Dumping Law - Trends
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Trade protectionism refers to the imposition of duties or quotas on imports, in order to safeguard domestic industry against foreign competition. Anti-dumping duty forms a pertinent part of such trade protection measures. When any article is exported from any country to another foreign at less than its normal value, then the government of the latter country imposes an anti dumping duty, not exceeding the margin of dumping in relation to the article. According to World Trade Organisation (WTO) rules, countries are allowed to slap restrictions on dumped goods if it is proved to cause damage to their domestic producers. It is to be ...
The Supreme Court agreed on Monday to rule on the government’s power to impose “anti-dumping” import fees on foreign goods that are re-manufactured from raw materials sent by U.S. firms and then and returned to the U.S. at a low price. Two cases were consolidated for review: U.S. v. Eurodif (07-1059) and USEC v. Eurodif (07-1078). The case grows out of a ruling by the Commerce Department that companies in France were re-processing natural uranium sent over from the U.S. into a low-enriched uranium, then sending it back to U.S. purchasers at below-value prices, for use ... Read More
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