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US launch antidumping probes into xanthan gum from China, Australia
28/06/2012 12:00
The US government on Tuesday launched anti-dumping (AD) investigations against imports of xanthan gum from China and Australia.
The products covered by the investigations are dry xanthan gum, whether or not coated or blended with other products, said the US Commerce Department in a statement, alleging that those products were sold at less than fair value in US market, with imports from China and Australia having dumping margin of 154.07 percent and 145.20 percent, respectively.
In 2011, imports of xanthan gum from China were at an estimated $64 million, according to the Commerce Department.
The US International Trade Commission (ITC) was scheduled to make its preliminary injury determination on or before July 20, 2012.
If the ITC determines that there is a reasonable indication that imports of xanthan gum from these two countries are materially injuring to or threatening the domestic industry, the probes will continue. Then the Commerce Department will be scheduled to make its preliminary determinations in November 2012.
This is the latest US trade protection move against China this year. As the US economy is undergoing a slow recovery, protectionism practices by the world's largest economy are on the rise.
The Chinese Ministry of Commerce has repeatedly urged Washington to abide by its commitment against protectionism and help maintain a free, open and just international trade environment.
The products covered by the investigations are dry xanthan gum, whether or not coated or blended with other products, said the US Commerce Department in a statement, alleging that those products were sold at less than fair value in US market, with imports from China and Australia having dumping margin of 154.07 percent and 145.20 percent, respectively.
In 2011, imports of xanthan gum from China were at an estimated $64 million, according to the Commerce Department.
The US International Trade Commission (ITC) was scheduled to make its preliminary injury determination on or before July 20, 2012.
If the ITC determines that there is a reasonable indication that imports of xanthan gum from these two countries are materially injuring to or threatening the domestic industry, the probes will continue. Then the Commerce Department will be scheduled to make its preliminary determinations in November 2012.
This is the latest US trade protection move against China this year. As the US economy is undergoing a slow recovery, protectionism practices by the world's largest economy are on the rise.
The Chinese Ministry of Commerce has repeatedly urged Washington to abide by its commitment against protectionism and help maintain a free, open and just international trade environment.
2012-6-27 13:22:15
Source: globaltimes.cn
Source: globaltimes.cn
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