U.S. Department of Commerce plans to strengthen anti-dumping trade law

U.S. Department of Commerce is planning to strengthen anti-dumping trade law, the bill is expected this week will be formally introduced.

Although the United States is still unknown the exact measures of the bill, but has a high degree of concern among.

Well-known international trade lawyers, Beijing law firm partner of heaven and earth, and Zhang Peng said that the U.S. Department of Commerce's move stems from the recent economic recovery in the U.S. economy is worrying, especially in July has increased the risk of second bottom, Zhongxin raised concerns the U.S. economic recovery, thus increasing the risk of trade friction.

26 pm, Reuters news that the U.S. Department of Commerce is planning to strengthen anti-dumping trade laws. A U.S. Commerce Department official said the United States Department of Commerce plans to strengthen anti-dumping trade law, to curb unfair trade practices. He said the U.S. Commerce Department move to strengthen the effectiveness of U.S. trade protection measures, the new program may fall to be issued.

Recent years, China is unfair trade complaints by the United States the most frequent state, it is learned that the 14 U.S. Department of Commerce at least one proposal against China. However, these new proposals did not mention China's exchange rate, whether the United States to China's exchange rate as an unfair subsidy is still pending.

As the U.S. imports are less than 3% of anti-dumping and countervailing duties, the United States Department of Commerce officials believe the new proposal will only affect a small part of the trade. However, the U.S. Commerce Department officials emphasized that one of the three proposals could be significantly affected.

The first proposal calls for the importer to deliver a certain cash, used to offset the initial anti-dumping and countervailing duties.

The second proposal would allow the Commerce Department in calculating anti-dumping and countervailing duties, excluding China's export tax. The U.S. Department of Commerce officials said that as the proposed higher tax revenues, China will "inevitably" have worried.

Third proposal will provide that, if a foreign enterprise administrative review in three years to prove not dumping products to the United States will end its anti-dumping duty order. U.S. Customs to stop anti-dumping duties of these enterprises, but the Ministry of Commerce will continue to list them out in the warning, if the United States Department of Commerce found new evidence of unfair competition, will continue to enhance its product revenue.

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