GREGG, SUNUNU, BRADLEY ANNOUNCE COMMERCE DEPARTMENT COMES DOWN ON TKS FOR VIOLATIONS AGAINST GOSS INTERNATIONAL
(Washington, D.C.) - U.S. Senators Judd Gregg and John Sununu, and Congressman Jeb Bradley, today announced that the U.S. Department of Commerce has taken strong action against Japanese printing press manufacturer Tokyo Kikai Seisakusho, Ltd. (TKS) in its final ruling on its review of antidumping fraud committed by TKS. Court documents have uncovered that, back in the late 1990's, TKS used a fraudulent price increase and a secret rebate to disguise its dumping practices, as well as destroyed documents to conceal any wrongdoing.
Sen. Gregg stated, "This is good news for Goss International, its workers in New Hampshire, and for anyone who believes in fair trade. The Commerce Department has rightly determined that TKS committed an unlawful transaction and tried to hide it by lying and defrauding the federal government. While further steps must still be taken, Commerce has ruled that the highest tariff should apply, and I will continue fighting to make sure that this happens.
"As someone who believes that our trade laws must be enforced to help ensure a level playing field in our global economy, I was more than happy to meet with Goss' chief executive and submit numerous letters to federal officials, including the Secretary of Commerce, to urge that TKS be held accountable. This antidumping ruling is unprecedented, and I am pleased that this situation has received the attention it merits from Commerce."
Senator Sununu stated, "The Commerce Department ruling - one that impacts more than 1,000 jobs in New Hampshire - is a positive, precedent-setting step that sends the important message that the United States will uphold its commitment to fair and legal behavior under its trade laws. Companies wishing to do business in this country have got to play by the rules.
"Goss officials first contacted me on this case in July of 2004, and since then I have consistently advocated on the company's behalf through letters, meetings, and personal conversations with Department of Justice and Commerce officials, including Secretary of Commerce Carlos M. Gutierrez. That work will certainly continue as Commerce moves forward. If additional evidence demonstrates further fraud, TKS should be dealt with accordingly."
Congressman Bradley stated, "Today's ruling by the Department of Commerce is a significant step to ensure that U.S. trade laws are enforced and that our trade partners play by the rules. For nearly two years, I have been working with Senators Gregg and Sununu to convey to government officials the severity of TKS' illegal conduct, which puts the jobs of 1,000 Goss employees in Dover in jeopardy. American companies deserve a level-playing field against foreign competitors, and given a level-playing field, America's workforce can compete with anybody in the world. Although I feel there are unresolved issues that need to be addressed, I applaud the Department's willingness to review this matter and act in the best interest of fair trade."