New Study of Global Rice Market Could be Precursor to Trade Remedy Case
The International Trade Commission announced June 17 the launch of a new Section 332 investigation of the global rice trade that could be a precursor to an antidumping or countervailing duty case.
The ITC will report on factors of competition in major rice producing and exporting countries, including Brazil, China, India, Indonesia, Thailand, Uruguay and Vietnam, plus the United States. The ITC will examine costs of production, industry structure, input prices and availability, pricing and marketing regimes, and government policies that affect rice production and export in these countries. The Commission will also perform a qualitative and, to the extent possible, quantitative assessment of the impact of government policies and programs in these countries on rice production, exports, consumption, and domestic and export prices.
A public hearing will be held Sept. 10 and requests to appear at this hearing are due by Aug. 26. Written submissions for the record are due by Dec. 9. The ITC expects to deliver its report to the House Ways and Means Committee by April 14, 2015.