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US Trade Protectionism Escalation

2014/10/7 12:11:00 37

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The US Department of Commerce issued a statement announcing two results of trade remedy investigations in China. According to the statement, the US Department of Commerce initially decided that the 53 foot dry cargo container imported from the mainland of China would be subsidized and would notify the US Customs to impose a corresponding deposit on the above products. At the same time, the US Department of commerce also decided that dumping of monosodium glutamate imported from China and Indonesia would impose anti-dumping duties on producers and exporters of related products.

   Two trade remedy surveys

The Commerce Department said in a statement the first day that China's export of 53 feet (16 m) dry goods containers to the United States had received excessive government subsidies.

Based on the preliminary results of the subsidy scale, the US Department of Commerce will notify the US Customs to impose a corresponding margin on the above products exported by China.

In response to the US Stoughton Towing Co complaint, the US Department of Commerce launched anti-dumping and countervailing investigations on 53 foot dry goods containers imported from China in May 14th this year. According to the US procedures, the US Commerce Department and the International Trade Commission will make a final ruling in February and March respectively.

According to the US Department of Commerce, the amount of such products imported from China in 2013 amounted to US $184 million.

For the trade remedy survey of monosodium glutamate products, the US Department of Commerce issued a statement that the dumping margin of Chinese manufacturers was 8.30%~8.32%, which was significantly lower than the dumping margin of 52.24%~52.27% identified by the US Department of Commerce in May.

The statement said that the US Department of Commerce will notify the US Customs to collect the corresponding margin for the manufacturers and exporters of the above products according to the final dumping margin.

In response to complaints from Japan's North American company, the US Department of Commerce launched anti-dumping and countervailing investigations on MSG imported from China and Indonesia last October.

According to the US trade remedy policy, whether or not the final anti-dumping duty will be imposed will be decided by another federal agency, the US International Trade Commission. According to the latest schedule, the International Trade Commission will make a final ruling in November 2014.

According to the US Department of Commerce, the total value of the products imported from China and Indonesia last year was about $33 million 500 thousand and $6 million respectively.

China Ministry of Commerce On many occasions, he expressed the hope that the United States government will abide by its commitments against trade protectionism and jointly uphold a free, open and fair international trade environment, so as to properly handle trade frictions in a more rational way.

   U.S.A Trade protection rainstorm

Since the beginning of this year, China and the United States have repeatedly "clash" in the field of trade. Statistics from the Fair Trade Bureau of the Ministry of Commerce show that in the first half of the year, the United States was the largest and most involved country in China. The number of cases and the amount involved were 4 times and 13.6 times that of the same period last year.

In July, World Trade Organization Two Chinese trade disputes adjudication reports have been issued. The WTO appellate body and the panel of experts have supported most of China's demands in their respective rulings, ruling that the more than 20 anti-dumping and countervailing measures imposed by the US on China's US products are in violation of WTO rules.

However, the WTO ruling did not prevent the us from continuing to wave the "big stick" of trade relief into the second half of the year. From the attention of tires, steel to niche products, monosodium glutamate, etc., the US trade remedy investigation to China is still "threatening".

Gao Hucheng, Minister of Commerce of China, said that the United States should face up to its long-term and systematic legislation and practice of violating the WTO rules in the field of trade relief, faithfully implement the WTO dispute settlement body's ruling, promptly and comprehensively correct the wrong practices of abusing trade remedy rules, and strive to be strict with the rules and regulations, and do not become a negative example of breaking the rules. Especially when the world economy is slowly recovering, the US side is more responsible for maintaining the multilateral trading system and rules and opposing trade protectionism.

The Fair Trade Bureau of the Ministry of Commerce of China predicts that in the second half of the year, the possibility of launching a number of surveys of Chinese products by developed countries such as the United States and Europe is still very large. Some developing countries may follow the developed countries to launch countervailing investigations on China's competitive advantage products. The situation of China's trade frictions is still grim and must be properly addressed.

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