UK Government has found that rutile titanium dioxide is being dumped into the UK and that there is an imminent threat of injury to the UK industry
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UK Government has found that rutile titanium dioxide is being dumped into the UK and that there is an imminent threat of injury to the UK industry
UK government to impose a new anti-dumping measure on imports of rutile titanium dioxide from China; UK government finds rutile titanium dioxide is being dumped into the UK and poses an imminent threat of injury to domestic industry
Webull's (BULL) China ties create national security risk, a congressional panel found, CNBC reports
On the Newsquawk feed at , 20 minutes before this page.
Context
A dumping finding of this kind is the standard first stage of a trade remedies process, where the investigating authority establishes that imports are priced below fair value and that domestic producers face injury, before recommending or imposing definitive duties. The usual sequence runs from provisional affirmative finding to a duty recommendation, then a ministerial or equivalent decision, with measures typically applied at the border as ad valorem tariffs on named exporting origins. Past episodes of this kind have tended to see import volumes from the targeted origins fall sharply once duties bind, with substitution toward untargeted suppliers and domestic product, and the price transmission shows up in the domestic premium over the dumped import price rather than in any global benchmark. The actors here are the investigating authority, whose prior form in comparable cases has been to follow affirmative findings with duties at or near the calculated dumping margin, and the exporting producers named in the case, who historically respond with price undertakings or rerouting where the rules allow. Worth noting the distinction between an affirmative finding and duties actually collected: lapses, lower-than-margin duty levels, and exemptions have all occurred in comparable proceedings. The follow-ons are the recommended duty level, the implementation timeline, and any parallel measures in other jurisdictions covering the same product, since overlapping remedies tend to compound the trade diversion effect.
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