Beijing Condemns “Discriminatory” Methods That Led to U.S. Imposition of Anti-Dumping Duties on Aluminium Foil

Reaction from the People’s Republic of China to the United States Commerce Department’s imposition of anti-dumping duties of up to 162 percent on Chinese aluminium foil was swift and adamant, with the Chinese government stating it was “strongly dissatisfied” with the decision.

In a statement released Saturday, Chinese Commerce Ministry official Wang Hejun characterized the method of using surrogate country pricing as “discriminatory” in nature. Wang went on to call upon the United States government to correct its “mistaken methods,” as they harm Chinese exporters and undermine the authority of international trade rules.

According to the Chinese government, the United States is making use of a now-expired clause in an accession agreement made at the WTO from 2001 that provided for the use of third-party countries to evaluate whether or not Chinese goods were priced in such a way as to constitute dumping.

“We urge the United States to earnestly fulfill its international obligations, and take real action to correct its mistaken methods,” said Wang. He continued by warning the U.S. that Beijing would act to protect the rights of Chinese companies.

However, the U.S. Commerce Department, anti-dumping duties were determined by using its own standard methodology for determining whether dumping is occurring by non-market economies.

The U.S. government says that such methods are required due to the fact that China’s top-down control of price and output decisions, among other factors, means it does not operate as a market economy.



Comments are closed here.

SUBSCRIBE
Events
LME
  • Cash Buyer 2082.0 -0.05%
  • 3-Months Buyer 2096.5 0.00%

LME Official Price(USD/tonne) for 17 November 2017