On March 19, 2012, the U.S. Department of Commerce finalized the ruling on the 19th that China dumped and subsidized steel wheels from the United States. This is basically an anti-dumping and anti-subsidy tariff (“double reverseâ€) imposed by the United States on such products. The road.
This is another trade relief operation launched by the United States against China since 2012. The U.S. side has continuously launched "double anti-" and "337 investigations" on Chinese products, and protectionistism has apparently warmed up. The Chinese Ministry of Commerce has repeatedly stated that it hopes that the U.S. government will abide by its opposition to trade protectionism, jointly safeguard a free, open and fair international trade environment, and properly handle trade frictions in a more rational manner.
The U.S. Department of Commerce ruled that Chinese steel wheel manufacturers or exporters had dumping behavior when they sold steel wheels in the United States, with dumping rates ranging from 44.96% to 193.54%. At the same time, it also ruled that China’s products exported to the United States received subsidies ranging from 25.66% to 38.32%.
According to the US procedure, in addition to the Ministry of Commerce, the trade relief case still requires the US International Trade Commission to make a ruling. According to the current schedule, the US International Trade Commission is scheduled to make a final ruling on or about April 30. If the committee also made an affirmative final ruling that the products imported from China would cause substantial damage or threats to the US related industries, the US Department of Commerce will require the customs to impose "double reverse" tariffs on related products.
According to data from the US Department of Commerce, the total value of steel wheels imported by the United States from China in 2011 was about 84.2 million U.S. dollars, and in 2010 it was about 80.4 million U.S. dollars.
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