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The United States Final Rule Has About 234% Of The Anti-Dumping Duty On The Mainland And Taiwan.

2010/8/17 10:31:00 34

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U.S.A

The US International Trade Commission made the final decision on the 12 th.

Adjudication

On the basis of the fact that the narrow woven woven ribbons made in China and Taiwan are dumping below the market price and causing substantial damage to the related industries of the United States, they decided to impose a maximum of 234% on the mainland and Taiwan related businesses in accordance with the decision of the US Commerce Department.

Anti-dumping duty

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According to the affirmative damage of the US International Trade Commission, the US Department of Commerce will formally release anti dumping measures to the relevant companies across the Straits.

According to the decision of the US Department of Commerce in July 13th, except for a mainland Chinese manufacturer with a zero tax rate, the rest of the mainland manufacturers were subject to a tax rate of 115.70% to 234.40%, while Taiwan related manufacturers would be subject to a much lower tax rate and a maximum anti dumping tax rate of only 4.54%.

Same day

vote

Despite the affirmative damages, the members disagreed, and 3 of the 6 members supported the dumping case. 2 members, including the chairman of the committee, voted against it. Another member of the committee decided that there was dumping fact on the mainland, but they did not support anti-dumping duties on Taiwan manufacturers.

Data show that the United States imported from China and Taiwan last year a total of 13 million US dollars and 33 million 900 thousand dollars of ribbon.

According to the relevant procedures of the United States, the Ministry of Commerce ruled that the dumping rate is mainly related to dumping. The US International Trade Commission's ruling mainly deals with damage to the US industry.

If the two sides finally decide that the dumping of foreign goods is established, the Ministry of commerce can order the customs to impose sanctions on the relevant products.

Under the impact of the financial crisis, the US economy continues to slump, leading to the rise of protectionism in domestic trade.

Coupled with the proximity of congressional mid-term elections and other political factors, the United States has recently implemented trade remedy measures for Chinese products.

For the US trade protectionism, China has made many solemn representations and requested the US side to abide by the consensus reached by both sides, oppose trade protectionism and jointly cope with the financial crisis.