Aspirin dumping
This article was originally published in The Tan Sheet
Executive Summary
U.S. Customs service will impose antidumping duties on bulk aspirin imports from China following a June 22 ITC determination the imports threaten U.S. industry with material injury. In an amended final determination June 21, the ITA revises previously announced weighted-average dumping margins for two Chinese firms: Shandong Xinhua Pharmaceutical Factory, 16.5% (previously 42.8%) and Jilin Pharmaceutical, 10.9% (previously 4.7%). The PRC-wide rate of 144% is unchanged (1"The Tan Sheet" May 29, In Brief)
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Shandong Xinhua Pharmaceutical did not make bulk aspirin sales "below normal value" from July 1, 2002 through June 30, 2003, the International Trade Administration says April 8. ITA therefore preliminarily finds that an antidumping order for the Chinese firm should be revoked, and invites comment before publication of final notice. The Department of Commerce originally published an antidumping order on Shandong Xinhua bulk aspirin in July 2000 (1"The Tan Sheet" July 3, 2000, p. 2)...
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