ITC will Uphold Antidumping Order on Barbed Wire and Barbless Wire Strand
08/27/2004 - The U.S. International Trade Commission (ITC) determined that revoking the existing antidumping duty order on barbed wire and barbless wire strand from Argentina would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
The U.S. International Trade Commission (ITC) determined that revoking the existing antidumping duty order on barbed wire and barbless wire strand from Argentina would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
| The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce 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 (Commerce) and of material injury (ITC) within a reasonably foreseeable time. |
As a result of the Commission's affirmative determination and the Department of Commerce's recent affirmative finding, the existing order on imports of barbed wire and barbless wire strand from Argentina will remain in place.
Chairman Stephen Koplan and Commissioners Marcia E. Miller, Jennifer A. Hillman, and Charlotte R. Lane found that revoking the existing order would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Vice Chairman Deanna Tanner Okun and Commissioner Daniel R. Pearson found that revoking the existing order would not be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. The five-year (sunset) review was instituted on April 1, 2004, and the Commission voted on July 6, 2004 to conduct an expedited review.
