Dumping occurs when a foreign producer sells his goods in the US market either below his cost of production or sale price in his home market.The excess of the price in the home market of the exporter over and above the price in the U.S. market is called the dumping margin.
Countervailable Subsidy
The amount of unfair subsidies that the foreign producer receives from his government is offset, or "countervailed," through higher import duties.
Remedies
When an US industry suffers due to unfair competition from dumping or subsidization of a foreign product, it can seek the levy of antidumping or countervailing duties by filing a petition with both the Import Administration and the United States International Trade Commission. Import Administration investigates to find out the amount of dumping or subsidies.
The International Trade Commission
The International Trade Commission decides if the domestic industry is suffering material injury from the imports of the dumped or subsidized products after considering relevant economic and commercial factors.
(More :http://www.usitc.gov) Both the International Trade Commission and Import Administration must make affirmative preliminary finding in favor of the aggrieved US industry for an investigation to proceed further.
Complaint Petition
Antidumping and countervailing duty trade remedies have been successfully pursued by many domestic industries,. Import Administration and the International Trade Commission have staff to assist domestic industries to file petition for antidumping or countervailing duty investigations. The staff may also assist eligible small businesses with the filing process. For help visitor may contact the Import Administration, Petition Counseling and Analysis Unit at (202) 482-1255 or by e-mail at Petition_Counseling@ita.doc.gov
