31, the U.S. Commerce Department declined to RMB exchange rate policy constituted unfair subsidy investigation.
U.S. Commerce Ministry in a statement that the United States of Chinese manufacturers in the Chinese aluminum and coated paper exports to the U.S. anti-subsidy cases, the two charges constitute unfair subsidies of RMB exchange rate policy, the Ministry of Commerce asked the countervailing duty laws. But the Ministry of Commerce of the two cases related to legal claims and evidence and the initiation of countervailing investigations, after careful assessment of legal standards that the allegations did not meet the legal requirements initiated anti-subsidy investigations.
U.S. Commerce import Affairs Ministry senior officials Cen explained that the Chinese manufacturer could not prove that China's exchange rate regime to the survey to benefit specific companies or industries, and therefore failed to meet the launch anti-subsidy investigations related to the statutory requirements.
but U.S. Department of Commerce made the preliminary ruling the day at the same time, recognized the existence of Chinese exports to the U.S. aluminum acts of unfair subsidies, subsidy rate in the range 6.18% to 137.65%. Procedures in accordance with the United States, other than the Ministry of Commerce, trade remedy cases need another trade regulatory body by the International Trade Commission ruling. Under the current schedule, the Ministry of Commerce will be held in November this year for the final ruling on the case. If the two institutions have made sure of the final ruling, the U.S. Commerce Department will ask the relevant customs impose countervailing duties.
according to the U.S. published data, from 2007 to 2009, U.S. imports from China increased 90% aluminum, in 2009 imports about 514 million U.S. dollars.
aluminum Aluminum Extrusion Process through the products made. Alloy composition mainly of manganese, magnesium and silicon. Such products are widely used for door and window frame, bottom, trough, and the framework for solar equipment, but also for cars, trucks, boats of the structure and decoration.
by the financial crisis, the U.S. economic downturn, resulting in Chinese trade protectionism. Congressional mid-term elections approach coupled with other political factors, the United States recently imposed on Chinese products frequently trade remedy measures. The U.S. trade protection actions, the Chinese side on many occasions made solemn representations to the United States can abide by the consensus reached by both sides, oppose trade protectionism, a common response to the crisis.
This chapterfrom:China Trade Information (http://en.zgxu.com),Reprinted Please note Ming.