Mexico Terminates Antidumping Circumvention Investigation on Valves From China
On July 25, 2006, Mexico's Unit of International Trade Practices (UPCI) announced in the Diario Oficial that it had reached an negative determination in the anticircumvention investigation on iron and steel valves from China. Mexico initiated the investigation in July 2005 after Mexico's Valve Manufacturing Association alleged that the antidumping order on valves from China were being circumvented by companies in the U.S. that were unassembled valves from China, assembling them in the U.S. and shipping the finished valves to Mexico with NAFTA certificates of origin. The UPCI failed to find sufficient evidence of the allegations. Iron and steel valves from China are currently subject to antidumping duties of 126.96%.
Labels: Antidumping
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