国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Industries

US industry could be hit after tire tariff ruling, law firm warns

By Jing Shuiyu | China Daily | Updated: 2017-01-25 08:38

Trade protectionism could hurt the vitality of the US tire market, after the country made a final ruling that tires from China were dumped and subsidized.

If high tariffs strip Chinese tire manufactures of their ability to export their products to the US affordably, the average tire prices in the market might rise and US consumers could have limited choices, said Pu Lingchen, partner of Zhong Lun Law Firm, on Tuesday.

Trade remedies cannot address the fundamental issues of any industry, but provide only a "short-term buffer", said Pu.

"The key solution is to improve the industry structure, enhancing technology and production capacity."

According to a statement released by US Commerce Department on Monday, Chinese tire manufacturers, such as Prinx Chengshan (Shandong) Tire Co Ltd, Double Coin Holdings Ltd and Guizhou Tire Co Ltd, are facing high anti-dumping and anti-subsidy rates.

It said the final anti-dumping margins range from 9 percent to 22.57 percent, and anti-subsidy rates are from 38.61 percent to 65.46 percent.

The case is still under review by the US International Trade Commission, which makes determinations in proceedings involving imports claimed to injure a US domestic industry. It is scheduled to release the conclusion in March.

Prinx, Double Coin and Guizhou Tire did not respond to interview inquiries from China Daily.

Since last year, the Chinese tire industry has been facing severe tests, as the US imposed both anti-dumping and anti-subsidy investigations against major companies.

The China Rubber Industry Association finds that its main tiremaker members' output increased 4 percent year-on-year between January and August 2016, while their export volume and value, respectively, declined 0.84 percent and 7.99 percent from a year earlier.

As for the future, it remains uncertain whether or not the US new administration will add tariffs to other Chinese exports since such a policy could "definitely harm workers and entrepreneurs in both countries", said Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation.

In 2016, China faced 119 trade remedy investigations, a historic high, and the value involved increased by 76 percent year-on-year to $14.34 billion, data from the Ministry of Commerce showed.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
抚顺县| 喀喇沁旗| 迁西县| 恭城| 宁南县| 铜山县| 万山特区| 钟祥市| 南皮县| 新野县| 磴口县| 郁南县| 苗栗市| 井冈山市| 泾川县| 江西省| 成都市| 门头沟区| 嘉禾县| 延川县| 高雄县| 海林市| 弋阳县| 渝中区| 宣化县| 九台市| 平和县| 桐梓县| 湟中县| 准格尔旗| 砀山县| 株洲县| 巴楚县| 浙江省| 卫辉市| 许昌市| 新丰县| 当阳市| 鹤壁市| 会昌县| 肥西县|