U.S. reviews dumping of Japanese outboard engines
The U.S. Commerce Department has ruled that outboard engines imported from Japan were dumped on the U.S. market.
In a Dec. 28 final affirmative determination, the department calculated dumping margins at 18.98 percent. Imposition of antidumping duties requires final affirmative determinations from the Commerce Department that dumping occurred and from the U.S. International Trade Commission that the imports injured or threatened U.S. industry.
The ITC is expected to make its final injury determination in February 2005.
According to the Commerce Department, imports of outboard engines from Japan amounted to $673.5 million in 2003, a 15 percent increase over the 2002 level.
Dumping is defined as the sale of an imported good at a price below the home-market or a third-country price, or below the cost of production.