China-US trade faces first confrontation this year

Source: Internet
Author: User
Keywords Chicken Ribbon
Tags anti- anti-dumping anti-dumping duties company the domestic turn
Commercial Ministry of Commerce announced last week to the U.S. White Feather chicken Products anti-dumping Investigation preliminary ruling, decided to take temporary anti-dumping measures. The US, in turn, has imposed a maximum of 231% anti-dumping duties on gift boxes and packaging ribbons in mainland China.  News, Sino-US trade relations quietly tense up. "The United States should sue the company was found to be 43.1%-80.5% dumping margin, not responding to the company dumping margin of 105.4%." "In Friday, the Ministry of Commerce ruled that white feather poultry products from the United States have been dumped and the domestic white feather broiler industry has suffered substantial damage."  According to the ruling, since February 13, import operators in the import of white feather chicken products originating in the United States, should be based on the initial decision to determine the extent of dumping companies to our customs to provide the corresponding security deposit. August 14 last year, the Ministry of Commerce received the Chinese Animal Husbandry Association on behalf of the domestic white Feather chicken industry submitted anti-dumping Investigation application.  The verdict left a sigh of relief for the domestic producers of broiler products that had been waiting for nearly half a year. But then, reports from outside media have strained Sino-US trade relations. According to the news, the U.S. Department of Commerce said that because the Chinese mainland production of gift boxes and packaging ribbon products prices are severely low, so the imposition of anti-dumping duties, the highest rate of 231%.  For Taiwan, the largest source of American ribbons, the tax rate is only 4.54%. This is reminiscent of the strong friction between China and the US trade last September. September 12, U.S. President Barack Obama to the U.S. tire Special Insurance case to make a final cut. The next day, China's Ministry of Commerce issued a message that, in accordance with China's laws and WTO rules, the U.S.-originated in the United States imports of automotive products and broiler products to start anti-dumping and countervailing case review procedures.  This time, unlike last year, the US has followed suit. Industry insiders said that China's gift box and ribbon production is mainly southeast coast, and Taiwan's most manufacturers have moved to the mainland.  Once such a high anti-dumping duty is levied, most domestic exporters will completely abandon the US market. Last year, trade experts predicted that China would face increasingly frequent trade relief investigations and trade protection measures after the financial crisis because the developed countries could not really solve the domestic employment problem. So the United States to use gift boxes and silk to bring a response to China's practice, is not a sudden event, but only a start.
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