Thursday, March 3, 2011

United States proposes to strengthen the anti-dumping rules China manufacturing may focus on target

According to foreign media reports 26, in order to give the Obama administration's exports doubled target "escort", United States Department of Commerce that are being considered more severe trade rules, in particular against the anti-dumping their so-called "unfair trade practices", the latter is considered a threat to the United States men's jobs.

Sources said that the 10 new proposals will be presented on Thursday, "at least one may result in US-China trade higher tariff". Trade experts believe that in the medium-term election countdown, the US similar practices with suspicion, to show the final adoption and implementation of a challenge. However, a similar trend is also reflected in financial crisis after the age of rising protectionism could make China's foreign trade and the environment becomes more difficult.

Imports increased tenderness white nerve

According to foreign media 26, United States Department of Commerce, in the words quoted according to the report, the Commerce Department is planning to implement more stringent rules to oppose foreign "unfair trade practices." The US believes that these practices threaten the United States. It is learned that the Department of Commerce will be publishing a series of new proposals.

United States Department of Commerce officials who the media revealed that the program is designed to look in multiple areas to strengthen the United States trade protection measures of effectiveness. "This plan will be implemented in the autumn. "The official said.

In order to reach an Obama raised over the next five years will be the objectives of the United States exports doubled, the United States Commerce Secretary Locke has ordered, calls for a review of the Department of Commerce regarding the anti-dumping and countervailing tariff rules and procedures.

The industry that prompted the authorities to intensify trade and protection of a big incentive is the recent United States published the latest trade data, especially where the unexpected increase in imports. United States Department of Commerce announced earlier this month, 6 month United States trade deficit reached 499 million increase over last month, while 18.8% since October 2008. May the trade deficit of amended 419.8 billion. This is the United States trade deficit for the third consecutive month ring expansion than appears.

The United States authorities stress that, during the month of import growth of 3%, to $ 2003.5, exports decreased 1.3%, to $ 1504.5, set since April 2009 the largest decline since. Import of relative strength of the United States Government, "initiated by foreign demand pull" is still a distant goal.

The United States Department of Commerce officials said the new proposed several might bring greater impact. For example, requirements for importers in the initial tariff announced that after a certain amount of cash in advance, and the current rules on importers of tariff payments require relatively relaxed, sometimes can wait 5 to 6 months until tariffs finalized.

China may be affected

There is also a new proposal for revision of the old rules. Under existing rules, if a foreign company in three annual administrative review can prove that the product is not dumping in the United States, then you can add the company directory from the US anti-dumping. But under the new proposed that such practices will be halted. Even if there is a three-year trial, these companies still in the anti-dumping "blacklist", except that its tariff rates to zero, once the Department of Commerce found new evidence of unfair trade, the company's anti-dumping duties is regulated.

Experts have also noted that the United States Department of Commerce's new proposals for strengthening the anti-dumping measures concerning exports to the United States is only 3% of the total, therefore, cannot affect the scope and extent should not.

According to the United States Department of Commerce officials revealed that in the current discussion of 14 proposals, at least one may result in higher tariffs in China. In recent years, China often become United States complain of unfair trade, after the financial crisis, such symptoms increasingly obvious.

The United States Department of Commerce's proposal, there is a direct response to China's exports. Under the proposal, the United States Department of Commerce in terms of exports from China anti-dumping or countervailing duties, can be deducted from the refund.

The United States Department of Commerce officials say, "no doubt" that a proposed uneasy, because this will make the final tariff levels higher.

However, the new proposal does China's exchange rate policy would constitute "unfair subsidies" for investigation decisions. Some members claimed that the United States, underestimates the RMB exchange rate "," and the Chinese export commodities in global markets have unfair price advantage.

Trade "nerve war" against the United States useless

People in the industry, said that the Obama administration once again on the issue of trade protection, and speculation on China trade, the subject, largely for the midterm elections. The Democratic Party and Obama's support for the recent decline, Obama has publicly stated that the Democratic Party may in the medium-term election lose majority seats.

For the US plans to enhance its anti-dumping practices, researcher at the Chinese Ministry of Commerce at Mei Xinyu Thursday Shanghai Securities News reporter said that this "war on a pose, external is the nerve war". In other words, "get a may not be able to pass something to scare someone, expect others give in."

Mei Xinyu said: the United States called on the Chinese higher tariff, the scope is not clear. "Is on one or several goods imposed anti-dumping duty countervailing duties, or to all Chinese products imposed tariffs?" in addition, if you are on all products imposed customs duties, the means to launch a comprehensive trade wars, the latter is obviously not the Obama administration in the first place.

In view of this, Mei Xinyu believes that China's new anti-dumping measures United States should continue to take the initiative of the policy, close observation of understanding each other's next trend, but it is not necessary too surprised a at first.

As it turns out, many of us trade protection measures precisely the opposite effect. For example, the United States u.s. 25, said that the United States to China tire special protection measures implemented over the past year, the United States round

Tire imports decline, the total amount nor help tire manufacturing industry employment growth, on the contrary, it increased the burden of the United States consumers.

Sasser Fuqiang en 25, sent a letter to United States President Barack Obama said that the influence by special protection measures, the United States from China price reduction of tyre does, but from other countries, imports of the like product has increased substantially, and the total amount of the import more than before the implementation of special protection measures. At the same time, the tire manufacturing industry jobs and not by the implementation of special protection measures and stop the slide. Furthermore, safeguard measures, the United States domestic market price significantly increases tire, consumers in the United States.

Of course, from another perspective, the experts pointed out that similar events also notes that as a trading country, after China's financial crisis faced by the international trade environment more complex and difficult to encounter friction will be more. The Chinese national development and Reform Commission Director Zhang ping 26, says that this year our country suffered trade remedy investigations to 38 onwards, has become the largest trade protection of injured States. (Source: Shanghai Securities News)

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