Sino-US trade tug

Source: Internet
Author: User
Keywords China China
Tags anti- anti-dumping anti-dumping duties economic economic growth economic problems problems the domestic
According to Reuters, the United States will impose a maximum of 231% of temporary anti-dumping duties on gift boxes and other types of packaging ribbons imported from mainland China. The announcement comes a day after China's Ministry of Commerce announced temporary anti-dumping measures against American white-feather chicken products.  Experts said Obama to solve the domestic economic problems, will be a frequent challenge to China, the 2010 U.S.-China trade sanctions and anti-sanctions are inevitable. According to the 6th Reuters news agency, the U.S. Department of Commerce said that because the Chinese-made gift boxes and packaging ribbon products sold seriously low, the decision to levy a maximum of more than 231% of anti-dumping duties.  Taiwan, the largest source of American ribbons, levies only 4.54% of the tax.  The US move is seen as a clear retaliatory measure, against the 5th China's Ministry of Commerce's preliminary ruling that the white feather chicken products exist dumping, the United States should sue the company was found to be 43.1% to 80.5% of the dumping margin, not responding to the company dumping margin of 105.4%.  Industry insiders said that the United States are generally to China to carry out order purchase gift boxes and packaging ribbons, often used for Valentine's Day and other holiday gifts packaging, the levy of up to 231% of anti-dumping duties, the Americans also have to pay more for the loss. The trade dispute between China and the United States has been frequent since last September's Tire special insurance case, and is more intensive recently. Last December 30, the United States International Trade Commission final decision on the China oil well pipe levy tariffs, involving the amount of 2.7 billion U.S. dollars, more than 90 Chinese steel companies, is the United States to date the U.S. trade sanctions involving the largest amount of the case.  Since January this year, the United States has ruled on China-made wire mesh tray and electric blanket levy high anti-dumping duties, and the Chinese-made drilling pipe launched a "double reverse" investigation. "In the aftermath of the financial crisis, protectionist trade in the United States has visibly raised and China has become the biggest victim of us abuses." "It was irresponsible and unhelpful for some to try to pass on the internal contradictions and economic problems of the United States to other countries," a spokesman for the Ministry of Commerce, Yao Jian, said in a recent speech. "Jin, vice president of the School of International Relations at Renmin University of China, said in an interview with the economic reference newspaper in his State of the Union address earlier this year, Mr Obama set the tone for this year's policy: to reduce unemployment, rein in the deficit and help the middle class revive, all by long-term economic growth. In order to achieve long-term economic growth, we must adjust the domestic economic structure, to achieve exports within five years to double. Therefore, it can be predicted that the 2010 to solve the domestic economic problems, the United States will be a frequent challenge to China, Sino-US trade sanctions and anti-sanctions are inevitable.
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