Indonesian Political, Business & Finance News

U.S. sets duties on mushroom

| Source: REUTERS

U.S. sets duties on mushroom

WASHINGTON (Reuters): The U.S. Commerce Department has
recommended imposing anti-dumping duties on preserved mushroom
imports from Chile, China, India and Indonesia, a spokesman said
on Monday.

In a preliminary ruling, the department said it found evidence
of dumping by the four nations, and set anti-dumping duty margins
ranging from 2.75 percent to as high as 243.87 percent.

The Commerce Department will issue its final rulings for Chile
on Oct. 13, and for China, India and Indonesia on Dec.
14. Once these rulings are in, then the International Trade
Commission, an independent U.S. agency, must concur for the
duties to take effect.

Commerce estimated the value of imports affected by its
investigation to be nearly US$90 million in 1997.

The department recommended different duty levels for
individual producers and a general level for each of the four
countries. The levels were up to 198.63 percent for some Chinese
producers, up to 243.87 percent for India, up to 142.43 percent
for Chile and up to 29.58 percent for Indonesia.

View JSON | Print