With the tire special protection case as a symbol, US trade protectionism is on the rise, and “Made in China†has become a bigger victim. In the past few weeks, the United States has frequently adopted trade remedies to anti-dumping and countervailing ("double") and special safeguards against Chinese products.
The large amount of this case and the closeness of time are rare in recent years, and also highlight the rise of US trade protectionism under the financial crisis. Sino-US trade friction is undoubtedly becoming an important concern in Sino-US relations. Dealing with carelessness, there is the possibility of deteriorating into a trade war and impacting bilateral relations.
The United States frequently waved trade relief sticks
On November 5th, the US Department of Commerce again “struck out†and announced that it imposed a higher anti-dumping punitive tariff on China’s oil well pipes by 99.14%. Prior to June 10, the US Department of Commerce had imposed a countervailing punitive tariff of 10.9% to 30.6% on China's oil well pipes.
According to the statistics of the US, the oil well management case is worth 2.6 billion U.S. dollars. According to Chinese statistics, the value is 3.2 billion U.S. dollars. However, no matter which statistical statistic is used, this is a case of trade sanctions that have been filed by the United States and even foreign countries against China. If the final ruling is established, China's related industries will undoubtedly be severely hit.
But the US’s blow to “Made in China†is not just an oil well pipe. One day later, on November 6, the US International Trade Commission (ITC) made a preliminary ruling that the coated paper imported from China and several industrial salt “double-anti†sanctions were established.
On November 4th, the United States joined forces with Canada and Mexico to unanimously request the World Trade Organization to set up an expert group to hear and ruling the so-called China restrictions on raw material exports. The three countries claim that China's restrictions on the export of raw materials such as bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus and zinc have pushed up the prices of raw materials in the international market and made Chinese related companies gain international competition. The "unfair advantage" has harmed the interests of these countries.
This is the first time that the Obama administration has filed a trade lawsuit against China at the WTO.
On November 3, the US Department of Commerce initially imposed a punitive tariff of 2.02% to 437.73% on China's US wire mesh pallets on the grounds of government subsidies.
In less than a week, the United States frequently waved trade relief sticks. This high frequency can be said to be rare in the history of Sino-US trade and even in the history of world trade, highlighting the current US manufacturing in China. "The situation on the issue is aggressive.
According to Chinese statistics, in 2009 alone, the United States has initiated 10 "double-reverse" merger investigations on "Made in China", 2 anti-dumping investigations, and 1 special insurance investigation (ie tire special protection case). The Chinese Ministry of Commerce also frankly stated that the "high frequency of filing of US trade lawsuits against China is extremely rare in the history of world trade relief."
In addition to these "dominant" trade litigation disputes, there are actually many "hidden" and damage to the "Made in China" case. For example, in the construction of the World Trade Center building in New York, some Chinese people were dissatisfied and provoked the incident because Chinese enterprises won the bid for some explosion-proof glass contracts.
The American Manufacturing Union recently sent a letter to US trade officials asking to deal with what they considered to be "unfair trade." The letter said: "Our domestic glass industry is more efficient in the world, but it can't compete with products that are heavily subsidized by the Chinese government. China Glass faces a "double-reverse" investigation, which may only be a matter of time.
In addition, since the beginning of this year, the United States has also hyped up the case of China's "toxic" gypsum board. Although the US has not produced conclusive evidence so far, American public opinion allege that China has exported “toxic†gypsum board to the United States, smelling rotten eggs, corroding metal products, and facing many Americans. Serious health problems.
The US government gives a green light to protectionism
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