Tariffs, subsidies, etc. in the economic crisis
30/03/2009 12:00
Some of the tariffs, subsidies, duties, licenses or other trade-related measures introduced since September 2008, according to a report released Thursday by the World Trade Organization.
United States:
Bank bailout worth up to $700 billion.
Stimulus package worth nearly $800 billion.Two "buy American" provisions in stimulus requiring procurement of U.S. steel, iron and other manufactured goods, subject to certain exceptions and consistent with U.S. obligations under international agreements.
Rescue package and capital injection for Fannie Mae and Freddie Mac.
Duties on welded stainless steel pipes from China.
Ban on Chinese poultry imports as a result of food safety concerns.
Funding cancellation for U.S. Department of Transportation test program on cross-border trucking services with Mexico.
U.S. Treasury loans of $17.4 billion to General Motors and Chrysler.
European Union:
Reintroduction of export subsidies for dairy products.
Stimulus packages, bank bailouts and automotive schemes in Britain, France, Germany and other member states.
Antidumping duties on iron or steel fasteners from China, plastic sacks and bags from China and Thailand, types of iron and steel from China and Moldova, biodiesel from U.S.
China:
Tax rebates on exports of textiles, clothing, ceramic, plastic, furniture, pharmaceuticals, household appliances, books, rubber, molds, dies, glassware, suitcases, bags, footwear, watches, chemicals, machinery, electrical products.
Higher export duties on silicon.
Import ban on Irish pork.
Credit guarantees for small and medium enterprises.
Japan:
$106 billion recapitalization scheme.
India:
Higher import tariffs on a range of iron and steel products.
New licensing requirements for steel, auto part imports.
Recommendation of antidumping duties on yarn from China, Thailand and Vietnam.
New safety standards on imports of toys.
Caps on foreign ownership in sensitive sectors such as defense, telecoms and aviation.20 percent duty on soybean oil imports.
Export incentives for textile and leather products.
Russia:
Tariff hikes on imports of pork, poultry, cars, trucks, buses, flat metals, pipes, butter, milk, cream, rice, milling products.
Import ban on pork from several U.S. facilities deemed not to comply with technical standards.
Various support measures for car industry.
Canada:
Antidumping duties and countervailing duties on thermoelectric containers and aluminum extrusions from China.
Antidumping investigation on waterproof footwear from China.
Loan offer of up to $3 billion to GM and Chrysler.
Note: After receiving criticism for an earlier report, the WTO says its current list "implies no judgment by the WTO secretariat on whether or not such measure, or its intent, is protectionist in nature."
By The Associated Press – March 27, 2009
Source: www.ap.org
Các tin khác
- Rising global shipping costs put pressure on Viet Nam’s seafood exporters (22/06/2026)
- India likely to retain anti-dumping duties on Bangladeshi jute products (22/06/2026)
- Japan slaps anti-dumping duties on Chinese, Taiwanese steel (22/06/2026)
- India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber items (22/06/2026)
- Reasons why the US continues to suspend customs clearance for Vietnamese trailers (22/06/2026)
About Us
