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ITC Adjusts Dumping Duties on Bearings

Resource from:  CBCC Likes:2941
Oct 17,2006
The U.S. International Trade Commission (ITC; website), following five-year "sunset" reviews [rules], has voted to maintain punitive antidumping duties on some bearings, while rescinding orders on others. These are all antidumping duty reviews instituted in June 2005. Formal hearings, open to all interested parties, were held in Washington D.C. on May 2, 2006. Decisions and the procedures are made subject to section 7519c) of the Tariff Act of 1930 [19 U.S.C. 1675(c)]. Essentially, the ITC's decisions in each case are based on a final determination if revocation of an antidumping duty order, on a particular type of bearings from a particular country, "would be likely to lead to continuation or recurrence of material injury to an industry in the United States within a reasonably foreseeable time." The ITC determined to continue antidumping duties on: At the same time, the ITC decided to rescind antidumping duty orders on the following bearings, finding revocation would not be likely to lead to continuation or recurrence of material injury to the U.S. bearing industry: The full determination found in the Federal Register: FR Doc. 06-7350 Filed 8-30-2006
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