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Yamaha Anti-Dumping Verdict

RossT

By RossT
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RossT

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ITC rules against Merc 2/2/2005

Yamaha has issued a press release to announce that the International Trade Commission (ITC) made its ruling in the anti-dumping case filed by Brunswick Corp. against Japanese outboard manufacturers. Brunswick is the parent company of Mercury Marine.

The Department of Commerce had earlier found Japanese manufacturers guilty of dumping and instituted a temporary tariff on imported Japanese motors. However, in order to make the tariffs permanent, Brunswick had to prove to the ITC it had been injured as a result of the dumping.

Yamaha's press release states, "The ITC found that there was no basis for Brunswick's claims of injury filed on Jan. 8, 2004."

Yamaha marine group president Phil Dyskow said, "Yamaha has consistently stated that from the day that Brunswick filed its complaint there wasn't any dumping. We appreciate the fact the ITC investigated the facts, listened to our arguments and voted in favor of our position."

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