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The United States Levying Anti-Dumping Duties Narrowly On Mainland China And Taiwan.

2010/8/14 13:38:00 87

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American International

Trade

On the 12 day, the Commission made a final ruling. It decided to impose a maximum anti-dumping duty of about 234% on the mainland and Taiwan in accordance with the original decision of the US Department of Commerce on the basis of the fact that the narrow woven woven ribbons made in China and Taiwan were dumped in the US below market prices and caused substantial damage to the related industries in the United States.

According to the affirmative damage of the US International Trade Commission, the US Department of Commerce will formally release anti dumping measures to the relevant companies across the Straits.

According to the decision of the US Department of Commerce in July 13th, except for a mainland Chinese manufacturer with a zero tax rate, the rest of the mainland manufacturers were subject to a tax rate of 115.70% to 234.40%, while Taiwan related manufacturers would be subject to a much lower tax rate and a maximum anti dumping tax rate of only 4.54%.

Although the vote was affirmative on the day's vote, the members of the Committee disagreed, and 3 of the 6 members supported the dumping case. 2 members, including the chairman of the committee, voted against it. Another member of the committee decided that there was dumping fact on the mainland, but did not support anti-dumping duties on Taiwan manufacturers.

Data show that the United States from mainland China and Taiwan last year, respectively.

Imported

A total of $13 million and $33 million 900 thousand for ribbons.

In accordance with the relevant procedures of the United States,

Ministry of Commerce

The ruling mainly deals with whether dumping occurs and how much dumping ratio is; the US International Trade Commission's ruling mainly deals with damage to the US industry.

If the two sides finally decide that the dumping of foreign goods is established, the Ministry of commerce can order the customs to impose sanctions on the relevant products.

Under the impact of the financial crisis, the US economy continues to slump, leading to the rise of protectionism in domestic trade.

Coupled with the proximity of congressional mid-term elections and other political factors, the United States has recently implemented trade remedy measures for Chinese products.

For the US trade protectionism, China has made many solemn representations and requested the US side to abide by the consensus reached by both sides, oppose trade protectionism and jointly cope with the financial crisis.