Sunday, December 12, 2010

The Obama administration to take anti-dumping when the well-respected "protectionism"?

■ Economic expression

As far as Wen reported that on 30 June, the United States International Trade Commission to make the final determination, agree on us-potassium phosphate implementation of anti-dumping and countervailing sanction; the same day, the European Commission decided, imported from China to launch anti-dumping investigation on the wireless card; prior to June 28, United States Department of Commerce's final determinations on China woven blankets implementation rates up to 174.85% anti-dumping and sanctions.

Comment: just ended the g-20 Summit, Toronto, American and European leaders also pledged that will work against all forms of protectionism. Our ears, the US and Europe but also picked up the anti-dumping levy on Chinese products stick high tariffs, it is clear that the United States anti-dumping slogan is protectionism "like". Global economic imbalances, United States of countermeasures by forcing the appreciation of the Renminbi, while imposing high tariffs restrict the import of Chinese products to enhance the United States exports, the aim of reducing trade deficit. In the current global economic situation is stable, the United States trade protection is likely to become a global economic recovery.

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