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US Trade Legislation &Nbsp; Domestic And Foreign Trade Enterprises Are Afraid Of Being Controlled.

2010/8/31 16:51:00 39

The United States Aims At China And Vietnam In Eastern Europe.

  

At present,

U.S.A

A total of 7 countries are listed as non market economies, including China, Vietnam and other Asian and Eastern European countries.

Reporters learned from some US trade law experts that because the US government rarely accepts anti-dumping and countervailing cases from Eastern Europe, these measures are actually targeted at China and Vietnam.


In 2009, Vietnam's trade surplus with the United States amounted to 8 billion 400 million US dollars, and the United States became Vietnam's largest trade surplus country.

Balance of trade surplus

Although the sharp reduction of 100 billion dollars, but still up to about 140000000000 U.S. dollars.


The US Commerce Department said in a statement on 26 March that the new review measures aimed at achieving the "export doubling" plan proposed by President Obama.

In his statement, Luo Jiahui stressed: "the Obama administration is determined to actively implement trade laws to help us businesses and workers compete fairly."


However, the United States trade law experts do not agree with this statement.

Spooner, a lawyer who once represented the special tyre protection case, told the newspaper reporter: "it is hard to say that restricting imports can help expand exports". DavidSpooner


  

Small and medium-sized enterprises

Fear of restraint


The new measures of the Ministry of commerce are still in the stage of solicitation.


Insiders told reporters that from the information disclosed, there are two measures worth paying attention to: first, the Ministry of commerce can not exempt those foreign enterprises that have already been subject to countervailing anti-dumping sanctions because of "improvement in individual performance".

Sanctions can only be stopped if there is no subsidy in the relevant industries.

Second, the foreign enterprises that have confirmed dumping or subsidies by the Ministry of commerce should pay cash deposits before closing the case, as a reserved penalty, rather than paying commercial bills as before.


Si Bu Na tells our newspaper reporter, these two measures are likely to "bring trouble to some small and medium-sized enterprises".


However, at the same time, he also said that the measures that had been introduced were not big enough, which is unlikely to have a significant impact on the overall situation of Sino US trade relations.


The industry generally believes that the US Commerce Department's move is not to challenge Sino US trade, but rather to cater for domestic political needs.

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