Business / Industries

US keeps anti-dumping duty on China gift boxes

By Li Jiabao (chinadaily.com.cn) Updated: 2012-11-28 13:51

The US International Trade Commission decided in a sunset (five-year) review on Tuesday to maintain the existing anti-dumping tariff on folding gift boxes from China.

All six commissioners voted in the affirmative, claiming that revoking the existing anti-dumping duty order would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

The review came under the Uruguay Round Agreements Act. It requires the US Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the department and the ITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies and of material injury within a reasonably foreseeable time.

It has been the second five-year (sunset) review for China-made folding gift boxes since January 2002 when the duty was first introduced. Owing to the affirmative determination, the existing duty order will remain in place, ranging from 1.67 percent to 8.90 percent.

lijiabao@chinadaily.com.cn

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