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News

Extra duties hit RI tire exports to Turkey

11/09/2009

The Indonesian tire industry will miss out on an export target of US$40 million of bicycle and motorcycle tires to Turkey this year after the Turkish government imposed punitive tariffs on Indonesian tires.

EU trade chief visits China amid protectionism row

11/09/2009

BRUSSELS, Sept. 6 (Xinhua) -- European Union (EU) Trade Commissioner Catherine Ashton started a week-long trip to China on Sunday, her first one to the country since she assumed office last October.

EU levies AD on Chinese wire rod again

11/09/2009

It is reported that EU decided on August 27th to levy 24% antidumping duty on Chinese origin wire rods, effective for five years. As a matter of fact this is just one of EU protectionisms on China steel products for these years.

Himachal wants duty hike on Chinese apple concentrate

11/09/2009

Shimla, Sep 6 (IANS) Himachal Pradesh wants higher import duty on apple juice concentrate from China, saying this was necessary to save the domestic industry.

National Association of Foreign-Trade Zones Supports Use of FTZs to Promote Global Competitiveness of U.S. Based Manufacturers

11/09/2009

WASHINGTON, Sept. 4 /PRNewswire-USNewswire/ -- The National Association of Foreign-Trade Zones (NAFTZ) today challenged foreign-trade zone opponents to provide evidence to support objections lodged against applications by Dow Corning Corporation and REC Silicon for Subzone Authority at the companies' facilities in Kentucky and Washington. The Foreign-Trade Zones Act permits the Foreign-Trade Zones Board to make reasonable determinations concerning the treatment of goods, including goods subject to antidumping and/or countervailing duties. The implementing regulations explicitly provide that this merchandise must be admitted to a zone in "privileged foreign status, "which retains the tariff classification, country of origin and any antidumping or countervailing duty liability until the finished product is entered for consumption into the U.S. Customs territory.

(USA) DOC clears four Vietnamese firms of dumping charges

11/09/2009

The US Department of Commerce (DOC) has cleared four Vietnamese seafood companies of charges of dumping frozen tra pangasius fillets on the US market between August 1, 2007 and July 31, 2008.

(Jamaica) Cement Co claims Vulcan cement being dumped

11/09/2009

Caribbean Cement Company on Wednesday officially requested the Antidumping and Subsidies Commission (ADSC) to investigate the sale of cement sold to local importers by Vulcan Materials Company - suppliers to Tank-Weld Metals - which the local manufacturer is not only saying is being dumped on the local market, but is providing super profits to the local importer.

India pushes for global trade talks, end to protectionism

06/09/2009

NEW DELHI: Hosting some 40 trade ministers from across the world for a two-day meeting here, India Thursday made a strong plea for an end to protectionism by some countries, even as it pushed for early resumption of multilateral trade talks.