ITC: Dumping not found in Japanese outboard engine import case
The U.S. International Trade Commission has thrown out the imposition of antidumping duties on Japanese-built outboard engines imported to the United States.
The agency said it found no evidence the imports hurt or threatened domestic producers of similar products. Dumping is the import of goods at a price below the home market or a third-country price or below the cost of production.
In a 4-2 vote Wednesday, the six ITC commissioners made a final negative determination in the case in which the Commerce Department ruled Japanese outboard engines were dumped on the U.S. market.
Imposition of antidumping duties requires final affirmative determinations both from the Commerce Department that dumping occurred and from the ITC that the imports injured or threatened U.S. industry.
In 2003, outboard engine imports from Japan amounted to $673.5 million, a 15 percent increase over 2002, the ITC said.