Europe's anti-dumping trade protectionism comeback to the big stick bike and waving ribbons

Accompanied by unexpected expansion of China's trade surplus, protectionism is a comeback. Yesterday, the two largest trading partners, China — — the European Union and the United States got waved play on China's anti-dumping and the stick.

The EU has launched a Chinese production bike and related parts of import duties. Prior to this, Chinese bike has been affected by EU 48.5% anti-dumping duty limitations, EU bicycle and related parts manufacturers are trying to punish in this item at the end of this month, would be punitive tariffs period extended to 2016. The EU Executive Committee has agreed to this investigation.

United States the Scrabble on China's Ribbon. United States yesterday, China productivity of gift Ribbon and other Ribbon collection highest 247.65% anti-dumping duties. In 2009, the United States imports from China worth $ 1300, United States manufacturer of Ribbon that Chinese competitors through to too low a cost to us and benefit from export commodities.

China's foreign trade in the past several months has laid a recovery trend. Customs data show that China's exports during the month-over-year increase of 44% from the monthly trade surplus expanded to 200 billion dollars. Although the Chinese decided in June after the restart, but since the Declaration of release of the Renminbi against the US dollar exchange rate does not appear too large fluctuations, which have recently Europe and restrictions on imports of Chinese products are growing ever louder. Served as United States Congressman and Special Assistant United States trade representative's JamesBacchus yesterday the author pointed out that many people think the United States, the weakness of the Chinese RMB cheaper exports to the United States, and the United States exports to China's products will become expensive, the looting of the United States millions of jobs, contributing to the United States on China's huge trade deficit, although Obama has good intentions, but it may be difficult to obtain sufficient support to resist the pressure from Congress.