2012-01-04

Chinese tire company Shuangfang successfully appealed in the first trial in the United States

The Bureau of Fair Trade of the Ministry of Commerce will be watching the case closely. The mutual interest in trade between China and the United States requires both sides to "play by the rules.

A recent ruling by the US Court of International Trade seems to have lifted some of the clouds of Sino-US trade friction hanging over Pittsburgh. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

According to the Ministry of Commerce website, the United States court of international trade in the "hebei hing mau tyre co., LTD., v. the U.S. department of commerce anti-dumping countervailing investigation" in a sentence, the U.S. department of commerce of China adopts against non-market states and the country method to calculate anti-dumping duties, countervailing duties again at the same time, is likely to lead to double counting rate. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

The court gave the US department of commerce 90 days to rerule the case and submit it to the court for review, saying it should "either waive the imposition of countervailing duties on Chinese products or revise its policies and procedures for anti-dumping and countervailing investigations against non-market economy countries". XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

"The case is a major breakthrough for Chinese companies in fighting against US trade protectionism and fighting for fair treatment, which is welcomed by the head of the Fair Trade Bureau of the Ministry of Commerce." "The ministry said. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

In June 2007, the United States of Iowa Titan Tire companies, American labor union complained to the Commerce Department and the United States international trade commission, charged with certain off-road tires imported from China due to get subsidies and price lower than normal value sales in the United States, or physical damage to the American related industry threat of injury. On July 30 of that year, the US Department of Commerce decided to initiate anti-dumping and countervailing investigations against certain off-highway tires from China. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

On September 4, 2008, the U.S. Department of Commerce announced the final determination that China's Hebei Xingmao Tire Co., Ltd. (hereinafter referred to as "Xingmao Tire") had a dumping margin of 29.93% and a subsidy rate of 14%. On the same day, GPX International Tire Company of the United States and Xingmao Tire of China filed a lawsuit with the U.S. International Trade Court against the anti-dumping ruling, the countervailing ruling and the finding of actual injury. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

After a year-long trial, the court accepted the Chinese companies' arguments and ruled that the Commerce Department's actions were unreasonable. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

"This is to seek truth from facts and give China a clean record when it is wrongly judged." Shen Dingli, deputy dean of the Institute of International Studies at Fudan University, said, "We need a balanced mindset and a normal approach. Everyone follows international law and the rules of the game." XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

The person in charge of the Ministry of Commerce said that they supported Xingmao Tire, the company involved in the case, to file a lawsuit with the US Department of Commerce to the US Court of International Trade for this wrong practice. The head pointed out that China has always believes that the investigation organ in the case of does not recognize China's market economy status for China's products anti-dumping investigation and countervailing merger does not conform to the wto and the domestic law regulations, constitutes the unfair treatment to Chinese enterprises, damage the interests of the export of Chinese enterprises as. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

For now, the ruling needs to be enforced by the US Department of Commerce, which may also appeal to the court of second instance. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

The official said that the Bureau of Fair Trade of the Ministry of Commerce will pay close attention to the process of the case and support our company to strive for fair treatment through judicial proceedings. At the same time, China urges the US investigative authorities to follow the court's judgment and correct the wrong practice of conducting anti-subsidy investigations on Chinese products without recognizing China's market economy status. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

Not long ago, the Sino-US tire guarantee case made many international trade experts exclaim "vigilance against trade protectionism in the post-crisis era". On November 11, US President Barack Obama announced a three-year tariff of 35% in the first year, 30% in the second year and 25% in the third year on all car and light truck tires imported from China. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

Chinese President Hu Jintao, who is in the United States to attend the "four major summits", made it clear in his meeting with Obama in New York on July 22 that it is not in the interests of the two countries to take special safeguard measures on Chinese tire imports, and similar things should not happen again, Xinhua reported. Given the current economic and financial situation, it is all the more important for China and the United States to firmly oppose trade and investment protectionism. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

Obama responded that the United States supports free trade and is committed to continuing to expand trade relations with China. The United States is willing to resolve economic and trade issues with China through dialogue and consultation. XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals

"Both families have to play by the rules, and if they're wrong and they admit it, that means they're respectable." Shen Dingli said vividly, "is to lay out the facts and make sense, we should deal with the distribution of interests between the two sides in accordance with international law." XJR China Fine Chemicals Network -- Excellent supplier of fine chemicals


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