OTTAWA: The Canada Border Services Agency (CBSA) initiated investigations into the alleged injurious dumping and subsidizing of certain carbon and alloy steel line pipe originating in or exported from China.
The investigations follow a complaint filed by manufacturers and their subsidiaries located in Alberta, Saskatchewan and Ontario. The complainants alleges that the dumping and subsidizing of these goods are harming Canadian production.
The Canadian International Trade Tribunal began a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by October 27, 2015.
Anti-dumping and countervailing duties could eventually be applied to the goods under investigation. Although such duties are normally only applied to goods released on or after the date of the CBSA’s preliminary determination, if the Tribunal determines that an unusually large increase in harmful imports has occurred prior to the CBSA’s decision and that the retroactive application of anti-dumping duty is therefore justified, duty could be levied on the goods brought into Canada as of the investigation’s starting date.
Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port
GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...
