The Pork Trade Action Coalition (PTAC) said that the International Trade Commission (ITC) vote that live swine imports from Canada have not injured the U.S. domestic market is good news for both American and Canadian farmers and will help strengthen the North American hog market. The ITC vote means that duties ranging up to 18.87 percent assessed by the Commerce Department will not be imposed.



The ITC vote ends attempts by the National Pork Producers Council (NPPC) and other groups to impose duties on live swine imports from Canada. The groups filed a trade petition in 2004 alleging that Canadian hog producers were receiving illegal subsidies from the Canadian government and were dumping (exporting hogs at a price below their cost of production).



ITC Commissioners voted 5 to 0 that imports of live swine from Canada have not caused injury to the U.S. swine industry during 2002-2004, the period investigated. Final duty margins announced in March by the Commerce Department are now eliminated based on the ITC decision. The Commerce Department earlier rejected the petitioners' allegations of illegal subsidies.



"This is a victory for the hundreds of American farmers who have adapted to the advantages offered by NAFTA and who would have been devastated by the proposed duties," said John R. Block, former U.S. Secretary of Agriculture and Senior Advisor to the Pork Trade Action Coalition. "PTAC is very pleased that after examining the facts, the ITC made the right decision."



For more information on the Pork Trade Action Coalition, please visit http://www.porktradeaction.org.



Source: PRNewswire