China worried over proposed changes in US trade remedies

14:43, September 02, 2010      

Email | Print | Subscribe | Comments | Forum 

The U.S. Commerce Department proposed 14 measures to strengthen enforcement of trade remedy laws on Aug. 26, and the measures mainly target non-market economies, which are cause for deep concern in China, said an official from the Bureau of Fair Trade for Imports and Exports under the Ministry of Commerce on Sept. 1.

The 14 proposals aim to strengthen trade enforcement and improve current trade remedy laws concerning antidumping and countervailing duties. Among other aspects, they will also focus on eliminating the practice of allowing individual foreign export companies to seek exception from an antidumping or countervailing duty order in certain circumstances.

According to the official, China believes that since U.S. courts have made rulings on certain problems involved in the proposals — one of the rulings banned the U.S. Commerce Department from changing export taxes and value-added taxes in antidumping methodology –- any changes that violate the rulings will undermine the legality and justifiability of trade remedy investigations

The official added that if the United States wants to double its exports, it should make efforts to enhance its industrial competitiveness and help build an open international trading system. Limiting imports through adjusting trade remedy measures will only give rise to a chain reaction in other countries and regions as well as sabotage the international trade order and rules rather than strengthen its own competitiveness.

China hopes the United States will be prudent in dealing with trade remedies, strictly comply with the WTO's anti-dumping and countervailing duty laws and not use trade remedy measures as a tool of protectionism.

By People's Daily Online

(Editor:祁澍文)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Players of Iran throw up their coach Velasco Julio during the awarding ceremony at the 16th Asian Men's Volleyball Championship in Tehran, capital of Iran, Sept. 29, 2011. Iran won the champion after beating China 3-1 in the final on Thursday. (Xinhua/Ahmad Halabisaz)
  • Greek artists burn copies of emergency tax notices during a protest against austerity measures in Athens, Greece, on Sept. 29, 2011. The Greek government is facing a new wave of protests as it introduces new austerity measures to obtain the sixth tranche of aids necessary to overcome the acute debt crisis.(Xinhua/Marios Lolos)
  • A winner of the 36th Miss Bikini International 2011 poses for a photo at the Olympic Sailing Center in Qingdao, a coastal city of east China's Shandong Province, Sept. 29, 2011. (Xinhua/Chen Jianli)
  • Staff members are in position at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Rao Aimin)
  • Champion of Miss Bikini from Poland receives trophy at the final of the 36th Miss Bikini International World Competition in Qingdao, east China's Shandong Province, Sept. 28, 2011. (Xinhua Photo)
  • Photo taken on Sept. 28, 2011 shows autumn scenery of populus euphratica forests in Ejina Banner, north China's Inner Mongolia. The populus euphratica forests here, with an area of 390,000 mu, or 26,000 hectares, is one of the world's most famous populus euphratica forests. The golden leaves and sunshines here in autumn is able to attract more than 100,000 person-times annually. (Xinhua/Zhao Tingting)
Hot Forum Discussion