综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Chinese tire industry watching US trade case

By Li Jiabao and Zhu Wenqian (China Daily) Updated: 2014-06-06 06:57

Chinese tire industry watching US trade case

Tires are displayed outside a tire store in Nanjing, Jiangsu province. [File photo/IC]

Union pushing officials in Washington to launch dumping investigation

China's tire industry is closely monitoring a petition by the United Steelworkers union, which is calling for United States trade officials to launch an anti-dumping and countervailing duty case against certain tires from China.

It's the latest trade spat between the world's top two economies.

Chinese tire industry watching US trade case

Chinese tire industry watching US trade case
China sees trade deficit in Feb  

A source with the China Rubber Industry Association told China Daily on Thursday that its members are "discussing solutions" to deal with the possible US probes. The source declined to comment further.

On Tuesday, the union - which represents 850,000 workers in North America in industries that include metals, rubber, chemicals, paper, oil refining, and the service and public sectors - filed a petition with the US Department of Commerce seeking an anti-dumping and countervailing duty case against passenger and light truck tires from China.

The union alleges massive dumping and substantial subsidization of sales of these products by China into the US market, said Leo W. Gerard, president of the international division of the union.

In 2009, the union claimed a surge in Chinese tire imports from 2004 to 2008 had cost 7,000 US jobs, and it sought restrictions on the imports. US President Barack Obama backed the move, and in September 2009, the administration levied a new duty of 35 percent on tire imports, which were imposed in addition to a pre-existing 4 percent tariff.

China's appeal to the World Trade Organization did not win support from the panel, and Chinese exports of tires to the US substantially declined in the ensuing three years.

The US relief expired in 2012.

China's exports of tires to the US market more than doubled to 50.8 million units last year, worth more than $2 billion. In the first quarter of 2014 alone, tire imports from China surged another 24.6 percent, the union said.

"The US Commerce Department usually follows the [union's] petitions and thus is very likely to launch a trade probe into Chinese tire exports again ... The results may not be optimistic," said Tu Xinquan, deputy director of the China Institute for WTO Studies at the University of International Business and Economics.

The US Commerce Department has 20 days to decide whether to open the investigations.

"The tire case shows that the US is taking a tough stance on China, a move for the Democratic Party to win voter support before the midterm election," said Yao Weiqun, associate president of the Shanghai WTO Affairs Consultation Center.

"The Chinese exports are low-end tires, and they don't endanger the US industry," Yao said, given that the US predominantly produces high-end tires.

Tu noted that the world's two largest economies are seeing frequent trade friction.

China expressed "strong dissatisfaction" with the US decision on Tuesday to apply preliminary duties, ranging from 18.56 percent to 35.21 percent, on Chinese solar equipment imports, claiming they had benefited unfairly from government subsidies.

 

Hot Topics

Editor's Picks
...
...
酒泉市| 资中县| 炉霍县| 林州市| 祁阳县| 陈巴尔虎旗| 霸州市| 舞钢市| 定安县| 泾阳县| 桦川县| 兴安盟| 锡林浩特市| 阿城市| 五大连池市| 当涂县| 景宁| 鄢陵县| 福海县| 合肥市| 合山市| 甘德县| 德昌县| 开平市| 长兴县| 崇礼县| 东城区| 天全县| 宜川县| 宜章县| 梅河口市| 祁连县| 高要市| 普兰县| 白银市| 东乡县| 徐州市| 岚皋县| 罗江县| 毕节市| 天长市|