Friday, May 27, 2005

Anti dumping US Rice

A World Trade Organization panel has found Mexico unfairly imposed antidumping tariffs on U.S. rice, but Mexico will appeal the decision, the Economy Department announced Wednesday. The dispute "is still far from concluded," the department said in a news release. Mexico imposed the tariffs on U.S. white long grain rice in June 2002, claiming it was being sold in Mexico at unfairly low prices, damaging Mexican producers.
U.S. officials raised the issue before the WTO a year later.
In 2002, Mexico imported $103 million in rice from the United States, making it the largest foreign market.