1994-07-12, English, Article, Journal or magazine article edition: Hong Kong wins 'pyrrhic victory' in sweater case. Bangsberg, P. T.

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Physical Description
  • Magazine/​Journal article
Published
  • UBM Global Trade, Inc., 1994 July 12
Language
  • English

Edition details

Title
  • Hong Kong wins 'pyrrhic victory' in sweater case.
Appears In
  • Journal of Commerce and Commercial, v400, no.n28265, 1994 July 12, p3A(1) (ISSN: 1088-7407)
Author
  • Bangsberg, P. T.
Published
  • UBM Global Trade, Inc., 1994 July 12
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • The US Court of Appeals decided in July 1994 that Hong Kong manufacturers of synthetic-fiber sweaters were not guilty of dumping in the US. This closes a five-year case which resulted in the imposition of provisional duties of up to 115% on Hong Kong firms. The case was filed by the National Knitwear and Sportswear Assn. Although anti-dumping duties will be returned with interest and seized goods will be released to their original buyers, Hong Kong manufacturers are bitter because of lost market share and sales. Nevertheless, Hong Kong manufacturers are glad to have proven the integrity of their free market against US protectionists.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15592619

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