The United States Levying An Anti-Dumping Duty On The Chinese Mainland'S Ribbon Is Up To 247%.

Following the anti-dumping duties imposed on China's electric blankets at the top 174%, the United States again imposed anti-dumping duties on "made in China" this month.

In July 13th, the US Department of Commerce announced that it would impose a 247.65% anti-dumping duty on gift boxes, ribbons and other ribbons made in mainland China, claiming that the prices of related products were unfair and imposing a tax of not more than 4.37% on related products in Taiwan.

This is the American gift box for China.

Compared with last time, the anti-dumping duty on the mainland was significantly increased, while the tax on Taiwan decreased slightly.

According to the news, BerwickOffray of Pennsylvania, USA, accused Chinese and Taiwan competitors of exporting goods to the US at a low price, and said that Chinese enterprises also had government subsidies.

The company submitted an application to the US International Trade Commission and the US Department of Commerce on 9 July 2009, requesting anti-dumping and countervailing investigations on the ribbon originating in the mainland of China, and an anti-dumping investigation of ribbon weaving in Taiwan, China.

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Zhao Zhongxiu, Dean of the school of international trade and economics of the University of foreign trade, said that many enterprises producing silk ribbons in Taiwan are now turning to the mainland to carry out "three to one supplement" and other forms of processing. Their basic characteristics are Taiwan's orders and mainland production, and then exported to Europe and the United States.

So European and American markets

According to reports, the anti-dumping duties, in addition to Xiamen Yao Ming ribbon Jewelry Co., Ltd., other companies need to pay 123.83% or 247.65% anti-dumping duties, while the Fujian Changtai Rong Shu Textile Co., Ltd. set up 117.95% countervailing duty, to offset government subsidies.

The Yao Ming Ribbon company of Xiamen experienced more than half a year's anti dumping actions, and the result was the success of the initial decision with zero tariff.

The other company that gave up the respondent received 231.4% punitive duty, while the remaining 13 enterprises were found to be 115.70% of the dumping duty rate.

A person in charge of the Department of trade management of Sanyang textile company in Shandong told reporters that 20% of the company's products were sold to Europe and the United States. It is not clear what anti-dumping matters are, and if they are taxed by anti-dumping, they really do not know how to deal with them.

He said, "really not, only domestic sales."

Zhao Zhongxiu thinks this kind of