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COMMERCE DEPARTMENT TO INVESTIGATE 2,4-D DUMPING CHARGES INITIATED BY CORTEVA
Apr. 30, 2024
Agri-Pulse reports:
The Commerce Department is initiating investigations into China's and India's support for manufacturers and exporters of 2,4-D to the U.S. to determine whether they are benefiting from countervailable subsidies.
Petitions from Corteva Agriscience allege the U.S. company has been harmed by the two countries' subsidies.
"The petitions established support from domestic producers (or workers) accounting for more than 50% of the total production of the domestic like product," Commerce says in a Federal Register notice, meaning that it does not need to look into that question further. Corteva is the sole domestic manufacturer of 2,4-D.
The International Trade Commission says it will decide by May 20 whether the imports are materially injuring - or threatening to materially injure - a U.S. industry.
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