皇冠体育app

皇冠体育app Trade Remedies Authority has today (17 October 2022) begun reviewing an application from a UK importer, 皇冠体育app Martlet Group, to be exempted from an anti-dumping duty on certain bicycle parts from China.

皇冠体育app Martlet Group, which sells bikes in the UK under the Orro brand, submitted the application for exemption on the basis that it has not circumvented the UK trade remedies measure.

As the TRA has accepted the application for review, it will recommend that the Secretary of State for International Trade implements a temporary suspension of the duty for 皇冠体育app Martlet Group鈥檚 goods until the review is complete. Once the TRA has completed its review it will make a recommendation to the Secretary of State either to exempt the goods from the duty or for the duty to be applied for the length of the measure.

皇冠体育app anti-dumping measure on certain bicycle parts from China was transitioned when the UK left the EU. 皇冠体育app TRA is required to initiate a Transition Review on this anti-dumping measure before 30 August 2024.

Notes to editors:

• 皇冠体育app Trade Remedies Authority is the UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.

• 皇冠体育app current UK trade remedies measure covers two categories of goods. Category 1 (bicycles) which 皇冠体育app Martlet Group pays 48.5% on imports from China and 7 other countries. Category 2 (certain bicycle parts) which Martlet pays 48.5% on imports from China only, when importing parts in quantities of 300 or more per month (per unit). It is the Category 2 goods Martlet are applying to be exempt from.

• Dumping occurs when goods are imported into a country and sold at a price that is below their normal value in their country of export.