US to strengthen anti-dumping anti-dumping China-US comprehensive trade war risks increase

The U.S. Department of Commerce plans to introduce a number of measures to strengthen anti-dumping restrictions, mainly aimed at exporting cheap products to the United States. Foreign media described the relevant measures as "passers-by" is aimed at China and the goal is to increase the prices of Chinese goods. Some U.S. business people also demanded that Washington should step up pressure on the RMB exchange rate issue. Think tanks in the Mainland are concerned that the scope of application of relevant measures is not clear and may trigger a full-scale trade war between China and the United States.

It is understood that U.S. President Barack Obama has instructed US Secretary of Commerce Gary Locke to review the anti-dumping and anti-subsidy laws and regulations and cooperate with plans to double U.S. exports within five years.

The U.S. Department of Commerce announced that it will strengthen the anti-dumping trade law plan to curb foreign companies from engaging in "unfair trade practices that harm the U.S. employment." The specific plan will be introduced this fall.

Officials of the U.S. Department of Commerce pointed out that one of the proposals will allow the U.S. government to deduct China’s export tax rebates to enterprises when calculating anti-dumping duties or countervailing duties, and China is not satisfied with this proposal because it will lead to China’s The tariffs on goods exported to the United States have increased significantly. In addition, the new regulations also require US importers to prepay certain cash after the initial customs declaration.

Bloomberg quoted David Spooner, who served as an official of the Ministry of Commerce in the Bush administration, and pointed out: "In general, this is for China, and China will think so... Because the goal is to increase the price of Chinese goods." The report described it more as China enhanced trade. Law enforcement weighed on cheap imports. “The goal of 'passers knows' is China.”