20 March 2018
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  • » 02/28/2018, 12.26


    The aluminium war between Washington and Beijing

    Anti-dumping measures on Chinese imports with taxes from 48.64 to 106.09%. Verification with the International Trade Commission. "Strong dissatisfaction" of Beijing. This week, Liu He, economic advisor to Xi Jinping, will visit the United States.

    Washington (AsiaNews / Agencies) - The US Department of Commerce has acknowledged that aluminum foil imported from China is being sold in the United States at a bargain price. This is due to the fact that the Chinese industries have economic subsidies from their government and overproduction is aimed at export, typical of the Chinese economy.

    The Aluminium Association said in a statement that antidumping and countervailing duties would be levied on a number of Chinese firms, with dumping margins ranging from 48.64 % to 106.09 % and anti-subsidy rates of 17.14 % to 80.97 %.

    Taxes will be implemented for five years, but for now they are pending, awaiting a decision by the International Trade Commission (ITC), which should verify the damage caused by Chinese dumping on US producers. The decision is expected for March 15th.

    Last month, a group of US aluminum producers showed the ITC how much their industry was devastated by Chinese imports and the need for anti-dumping measures.

    In 2016, the US imported 389 million dollars of aluminum foil from China.

    Beijing has expressed “strong dissatisfaction” with the United States imposing anti-dumping and countervailing duties on Chinese aluminium foil, the Ministry of Commerce accusses it of "disregard for the rules of the World Trade Organization" and of wanting to apply taxes "without any evidence".

    The tension between the United States and China grows and there is a risk of a commercial war. US President Donald Trump has long threatened to impose taxes on imports of aluminum and steel from China, which "destroy the jobs" of the Americans.

    This week, Xi Jinping's leading economic advisor, Liu He, will visit the US for an exchange of views "on the China-US relationship and on economic and trade cooperation between the two nations".

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    See also

    10/04/2006 CHINA – UNITED STATES
    Growing expectations for Hu Jintao's visit to the United States
    Trade and world affairs are on the table. U.S.-China Joint Commission on Commerce and Trade meets tomorrow.

    20/02/2009 CHINA - INDIA
    India announces tariffs on Chinese aluminum: trade war fears on the rise
    In January, New Delhi banned Chinese toys for six months, for safety reasons. Annual trade between the two countries amounts to 51.8 billion dollars, but is increasing rapidly.

    19/04/2006 CHINA – USA
    Chinese President starts US visit at Microsoft and Boeing
    Hu plans to stress advantages in good bilateral relations. Taiwan, Iran and trade are on the agenda in tomorrow's meeting with Bush. Protests on China's human rights record begin.

    20/11/2005 CHINA – UNITED STATES
    Bush urges China to do more in terms of religious freedom and trade
    In his first public event, US President attends a religious service.

    07/11/2008 TAIWAN - CHINA
    "Historic" visit of Beijing envoy to Taiwan concludes
    Trade agreements, a visit to President Ma, economic prospects. The voyage of Chen Yunlin had many positive aspects, although it was marked by many anti-Chinese demonstrations.

    Editor's choices

    Syrian Trappist nuns say Western powers and factional media fuel war propaganda

    In a written appeal, the religious systematically take apart the version of the conflict touted by governments, NGOs and international news organizations. In Ghouta east, jihadists attack the capital and use civilians as human shields. The Syrian government and people have a duty to defend themselves from external attacks. The conflict alone has undermined the coexistence between Christians and Muslims in the country.

    Xinjiang, crosses, domes, statues destroyed: the new 'Sinicized' Cultural Revolution

    Bernardo Cervellera

    Crosses removed from the domes and the tympanum of Yining Church as well as external decorations and crosses, and the Way of the Cross within the church. The same happened at the churches of Manas and Hutubi. The Cross represents "a foreign religious infiltration ". Prayer services forbidden even in private houses under the threat of arrests and re-education. Children and young people forbidden to enter churches. Religious revival frightens the Party.


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