News

China slaps hefty import duties on sugar in victory for domestic industry
China slaps hefty import duties on sugar in victory for domestic industry

22/05/2017

China said on Monday it will put hefty penalties on sugar imports in the first ruling to come out of a months-long anti-dumping probe, a victory for domestic sugar mills after years of lobbying.
RCEP talks: Heat on India to scrap import duty on per cent of goods
RCEP talks: Heat on India to scrap import duty on per cent of goods

21/05/2017

India is under pressure to agree to eliminate import duty on at least 90 per cent of its traded goods as part of the Regional Comprehensive Economic Partnership (RCEP) pact being negotiated by 16 countries, including China and ASEAN members.
U.S. trade representative Lighthizer says Japan agrees on fighting trade barriers
U.S. trade representative Lighthizer says Japan agrees on fighting trade barriers

20/05/2017

U.S. Trade Representative Robert Lighthizer and Japan's economy minister, Hiroshige Seko, expressed an interest in strengthening bilateral trade and fighting trade barriers on Saturday, a statement from the U.S. trade representative said after the meeting.
Anti-dumping duty imposed on Chinese chemical, aluminium foil
Anti-dumping duty imposed on Chinese chemical, aluminium foil

18/05/2017

India has imposed anti-dumping duty on a Chinese chemical used in pharma industry and aluminium foil to protect domestic industry from cheap imports.
Philippines likely to import more rice from VN
Philippines likely to import more rice from VN

18/05/2017

The Philippines is likely to import an additional 250,000 tonnes of rice from Việt Nam and Thailand.
U.S. to start probes of Boeing dumping claims against Bombardier jet
U.S. to start probes of Boeing dumping claims against Bombardier jet

17/05/2017

U.S. government officials on Thursday are set to begin investigating Boeing Co's unfair trade claims against Canadian rival Bombardier, a two-track action that could lead to U.S. duties on Bombardier's new jetliner and also pits Boeing against Delta Air Lines Inc .
Japan becomes largest importer of VN’s shrimps
Japan becomes largest importer of VN’s shrimps

17/05/2017

Japan has become the largest market for Vietnamese shrimps, accounting for 21.9 per cent of the country’s shrimp export value in the first quarter of 2017.
Global Steel Overcapacity: Trade Remedy “Cure” Is Worse than the “Disease”
Global Steel Overcapacity: Trade Remedy “Cure” Is Worse than the “Disease”

17/05/2017

Antidumping and countervailing duty (AD/CVD) measures are unable to fix the low-price problem afflicting U.S. steel producers because they amount to no more than a band-aid that can’t heal the wound. Worse, such trade remedy measures do great harm to manufacturing companies by making steel in the United States higher in price than in most of the rest of the world. This tends to make downstream manufacturers less competitive, thus encouraging imports of steel-containing products from other countries.
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