India Will Keep Subsidizing Acid If Duties End: Commerce

Law360, New York (June 8, 2011, 7:11 PM EDT) -- The U.S. Department of Commerce said Wednesday that revoking duties on sulfanilic acid from India would likely lead the Indian government to continue subsidizing its acid producers in the manner that occasioned the duties in the first place.

The agency said nixing the duties would likely lead to a subsidy of 43.71 percent for all of the country's sulfanilic acid producers, the same subsidy Commerce found when it imposed the duties in 1993.

The finding, published in the Federal Register by Commerce's International Trade Association, represents...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.