GAO: $600M in antidumping duties not paid

Russell, Thomas
July 2008
Furniture/Today;7/14/2008, Vol. 32 Issue 44, p7
Trade Publication
The article focuses on the findings of a report by the U.S. Government Accountability Office (GAO), regarding antidumping duties. The report reveals that around $600 million for antidumping duties were left uncollected since 2001. It cites several reasons behind the improper collection of duties, which include bankruptcy or ceasing of business of importers before the collection of final duty rates, and inability of customs in conducting financial checks for importers.


Related Articles

  • A DUTY WORTH DUMPING? Edmonson, R. G. // Journal of Commerce (1542-3867);12/19/2011, Vol. 12 Issue 46, p16 

    The article focuses on the proposal to change the system used by the U.S. government in collecting anti-dumping duties. The change was recommended by the U.S. Government Accountability Office (GAO) and it was joined by importers and Advisory Committee for Commercial Operations. A retrospective...

  • U.S.-China Trade: Eliminating Nonmarket Economy Methodology Would Lower Antidumping Duties for Some Chinese Companies: GAO-06-231. Yager, Loren // GAO Reports;1/10/2006, p1 

    U.S. companies adversely affected by unfair imports may seek a number of relief measures, including antidumping (AD) duties. The Department of Commerce (Commerce) classifies China as a nonmarket economy (NME) and uses a special methodology that is commonly believed to produce AD duty rates that...

  • C-TPAT's new look. Edmonson, R. G. // Journal of Commerce (1542-3867);4/4/2005, Vol. 6 Issue 14, p10 

    Discusses the guidelines of the Customs-Trade Partnership Against Terrorism (C-TPAT) released by the U.S. Customs and Border Protection on March 25, 2005. Requirements concerning importers, including the development and documentation of supply-chain security measures consistent with C-TPAT...

  • United States Government Accountability Office Washington, DC 20548.  // GAO Reports;7/24/2008, p1 

    The article presents a letter from the U.S. Government Accountability Office concerning the strengthening of international agreements in the U.S. It cites that the agency officials had identified two obstacles to the agreement, the unwillingness of other countries in entering negotiations, and...

  • SUPPLY CHAIN SECURITY U.S. Customs and Border Protection Has Enhanced Its Partnership with Import Trade Sectors, but Challenges Remain in Verifying Security Practices. Caldwell, Stephen L. // GAO Reports;5/27/2008, preceding p1 

    The article presents the report from the U.S. Government Accountability Office (GAO) which looks into the Customs-Trade Partnership Against Terrorism between the import trade sector and the U.S. Customs and Border Protection (CBP). It notes that the CBP has aimed to ensure the security of cargo...

  • U.S.-China Trade: Commerce Faces Practical and Legal Challenges in Applying Countervailing Duties: GAO-05-474.  // GAO Reports;6/17/2005, p1 

    Some U.S. companies allege that unfair subsidies are a factor in Chinese success in U.S. markets. U.S. producers injured by subsidized imports may normally seek countervailing duties (CVD) to offset subsidies, but the United States does not apply CVDs against countries, including China, that the...

  • TEMPORARY ASSISTANCE FOR NEEDY FAMILIES: State Maintenance of Effort Requirements and Trends. Brown, Kay E. // GAO Reports;5/17/2012, preceding p1 

    The article provides information on a report submitted by the U.S. Government Accountability Office (GAO) to the congressional requesters regarding the detection and obstruction of the evasion of antidumping and countervailing duties which include identification of the occurrence of potential...

  • Antidumping duties on imports to EU.  // Colourage;Mar2001, Vol. 48 Issue 3, p73 

    Reports that the European Union's Council of Ministers has imposed definitive anti-dumping duties on imports to the region of polyester staple fibers.

  • Man-made fibre.  // Colourage;May2001, Vol. 48 Issue 5, p82 

    The Indian Union Ministry of Finance imposed a provisional anti-dumping duty on all imports of partially oriented yarn (POY) from Taiwan, Thailand, Indonesia and Malaysia. The duty imposed is $0.464 per kilogram on POY imports from Malaysia. In the case of Taiwan, the provisional duty varies...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics