French company loses in uranium dispute
The U.S. Supreme Court has reinstated antidumping tariffs on imported enriched uranium used at U.S. nuclear power plants.
The justices, in a unanimous decision, agreed with the government and the sole American company that enriches uranium that a 20% tariff is justified on enriched uranium from abroad.
Protective tariffs are imposed when there is evidence that goods are being exported at prices below levels charged in the producer’s home market.
A French uranium enrichment company, Eurodif SA, and a group of U.S. utilities challenged the tariff imposed by the U.S. Commerce Department in 2002. A federal appeals court in Washington overruled the government in 2005.
The Bush administration and Bethesda, Md.,-based USEC Inc., the only American enricher of uranium, challenged the ruling by the U.S. Court of Appeals for the Federal Circuit.
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