From AAIA Capital Report
On Jan. 16, the U.S. Department of Commerce announced the final results of the administrative review of the antidumping duty order on tapered roller bearings from China. Any exporter of goods subject to an antidumping order may request annually that Commerce conduct a review of the previous year’s imports. In an annual administrative review, Commerce calculates and assesses the exact amount by which the foreign market value exceeded the U.S. price of each importation during that year, and recalculates the estimated duty rate for deposits on future entries of the goods. Commerce announced the following dumping margins in the final review for the period June 1, 2010, through May 31, 2011:
* Changshan Peer Bearing Co., Ltd.: 15.28 percent
* Xiang Yang Automobile Bearing Co., Ltd.: 15.28 percent
* PRC-wide entity (imports from all other Chinese exporters): 92.84 percent
The antidumping duty on tapered roller bearings from China has been in place since 1987. The order was recently continued for another five years during a “sunset review” (i.e., a five-year review to determine whether revocation of the order is likely to lead to continuation of injury to the domestic industry) in August 2012. The final determination is available here.
