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DOCUMENT RESUNE
05634 - (B1226175] (Restricted)
The Treasury Department's Administration of the Antidumping act
of 1921. GGD-78-60; B-114898. April 14, 1978. 2 pp. + 2
enclosures (16 pp.).
Report to Sen. Birch Bayh; Sen. H. John Heinz, III; Sen. John
Glenn; Sen. Howard 1. Metzenbau.; Sen. Jennings Randolph; by
Victor L. Lowe, Director, General Government Div.
Issue Area: International Econosic and Military Programs: Relief
From Import Injury and Unfair Trade Practices (612); Tax
Administration: fManament Information to Measure Tax
Proqram Effectiveness and Allocate Resources (2706).,
Contact: General Government Div.
Budget Function: Commerce and Transportation: Other Advancement
ind Regulation of Commerce (403).
Orqanization Concerned: Department of the Treasury; United
States Customs Service.
Congressional Relevance: Sen. Birch Bayh; Sen. U. John Heinz,
III; Sen. John Glenn; Sen. Howard U. Metzentaum; Sen.
Jennings Randolph.
Authority: Antidumping Act of 1921.
Questions were raised about the Treasury Department's
administration of the Antidumping Act of 1921 to determine
whether the act is effective in countering unfair foreign
competition involving the sale of in-ported merchandise In the
United States at less than fair value and whether Treasury has
been dilatory in its administration of the act. Questions dealt
with the time involved in dumping investigations, enforcement of
bonding requirements, problems in assessing dumping duties,
cooperation of foreign parties, revocation of dumping findings,
and the effect of dumping duties on prices. It is difficult ot
establish a cause-effect relationshir between the price of
imported merchandise and Treasury's determinations of dumping
and assessment of dumping duties. However, a dumping
investigation creates enough market uncertainty to prompt
adjustments in the price or quantity of imports. While dumping
duty assessments have rarely been timely, the potential
liability for such duties is known when dumping determinations
are made, and this should cause some adjustments. Treasury and
the International Trade Commission have net statutory time
frames for the processes involved in determining whether dumping
duties should be assessed. Delays in assessment are due partly
to the complexities of price comparisons but are also due to the
low priority given to this function. 7he Customs Service has
taken actions which should help to reduce delays. (HTW)](ViewImageLocal?handle=hein.gao/gaobaaxah0001&div=1&collection=&method=preview&ext=.png&size=3)