April 08, 2009

China Anti-Dumping Duties Never Paid?

A lawsuit filed at the federal US Court for International Trade alleges that for six years the Customs & Border Protection Agency did not collect anti-dumping duties due on Chinese imports of honey, garlic, mushrooms, and a few other food items. The suit wants damages from Customs, Commerce and a bevy of insurance giants including AIG and Hartford for issuing customs surety bonds guaranteeing payment of the anti-dumping duties. This will be an interesting case to watch and could reveal much about Customs treatment of anti-dumping rules and the trade finance underlying some Chinese trade...

Labels: ,

Comments: Post a Comment

Subscribe to Post Comments [Atom]

<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]