US Asks Fed. Circ. To Affirm Chinese Magnesium Duty

Law360, Los Angeles (October 26, 2012, 2:53 PM EDT) -- The U.S. Court of International Trade acted properly in sustaining the Commerce Department's 112 percent anti-dumping duty on magnesium from Tianjin Magnesium International Co. Ltd., government attorneys told the Federal Circuit on Thursday, saying the rate should be affirmed due to clear evidence that a prior lower rate was tainted by fraud.

In a brief filed Thursday in Tianjin's appeal of the CIT decision, attorneys for the Department of Justice said that the China-based trader was granted a reduced anti-dumping rate in the 2006-2007 period because...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.