New Government Report: Antidumping and Countervailing Duties
by Lauren Yager
Paperback, 65 pages, 2008, $25.00
U.S. Customs and Border Protection (CBP) has been unable to collect hundreds of millions of dollars in antidumping (AD) and countervailing (CV) duties. The U.S. Dept. of Commerce imposes these duties to remedy injurious unfair foreign trade practices (unfairly low prices or subsidies). The non-collection of AD/CV duties means that the U.S. government. has not fully remedied the unfair trade practices and bears a substantial loss of revenue. This report examines the: (1) nature and extent of uncollected AD/CV duties; (2) factors contributing to uncollected AD/CV duties and steps taken to address these factors; and (3) options for aiding duty collections. Includes recommendations. Charts and tables.