ITC Announces Affirmative Preliminary Injury Determination on Lemon Juice From Argentina and Mexico
By a 6-0 vote, the commissioners of the U.S. International Trade Commission (ITC) voted on Friday that there is a reasonable indication that a U.S. industry is materially injured or threatened with material injury by reason of imports of lemon juice from Argentina and Mexico that are allegedly sold in the United States at less than fair value. As a result of the ITC's affirmative determinations, the U.S. Department of Commerce will continue to conduct its antidumping investigations of imports of lemon juice from Argentina and Mexico, with its preliminary determinations due on or about February 28, 2007.
This antidumping investigation was requested by Sunkist Growers, Inc. (Sunkist). Sunkist's has claimed that the "U.S. has simply been flooded with unfairly priced juice in recent years, disrupting the market and making it very difficult to earn a reasonable return." Sunkist's has also indicated that while antidumping duties imposed on imports would increase the the bulk price for lemon juice in the U.S., "the limited volume of lemon juice used in making beverages" is unlikely to "higher prices at the checkout counter."
Labels: Antidumping