The Trade Remedies Authority has today (22 February 2022) begun reviewing an application from a UK importer, MiRider, to be exempted from an anti-dumping duty on certain bicycle parts from China.
MiRider have submitted their application on the basis that they are not related to an overseas exporter which is subject to the measure, and they are not engaged in circumvention of the measure.
As the TRA has accepted the application for review, it will recommend that the Secretary of State for Business and Trade implements a temporary suspension of the duty for MiRider's goods until the review is complete.
Once the review is complete and the TRA has verified the evidence, it may recommend to the Secretary of State to exempt MiRider's goods from the duty.
The anti-dumping measure on certain bicycle parts from China was transitioned when the UK left the EU. The TRA is required to initiate a Transition Review on this anti-dumping measure before 30 August 2024.
Notes:
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The 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.
- 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.
- An exemption review assesses whether an importer or overseas exporter can demonstrate that they are not involved in circumventing a trade remedy measure and therefore should be exempted from it.
- The exemption review only applies to measures arising from a circumvention review conducted by the EU before it was transitioned to the UK, or measures following a circumvention review initiated by the Trade Remedies Authority.
