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US scraps tariff on Chinese paintbrush
By Wang Yanlin |
August 5, 2010, Thursday
|
Online Edition
Online Edition
THE United States International Trade Commission has decided to scrap a 24-year-old anti-dumping tariff on Chinese natural bristle paintbrush, according to a statement on the website of the Chinese Ministry of Commerce.
The decision came after the Paint Applicators Trade Action Coalition and the Paint Applicator Division of the American Brush Manufacturers Association -- two American organizations which demanded the investigation back in 1985 -- asked for an end of more tariffs on the Chinese product.
On December 18, 1985, the US International Trade Commission levied an anti-dumping duty of 127.07 percent on Chinese paintbrush producer, China National Native Produce and Animal By-Products Import and Export Corp.
The duty was raised to 351.92 percent on March 22, 2010 after a review.
The statement did not elaborate on the influence of the tariff on Chinese exports of bristle paintbrush to the US.
"The case may be small in value, but it is very meaningful against the background of growing trade disputes these days," said Feng Jun, a professor at the Shanghai Institute of Foreign Trade. "The US decision is welcome and we really hope people in the US can understand it is their loss if they refuse to let Chinese products in."
The latest US punitive duties were imposed upon the imports of Chinese-made electric blankets with a rate of 174.85 percent. Since last September when the US raised the import tariff on Chinese tire, products involved in the trade disputes have been expanded to steel, oil drill pipes, coated paper, copper tubes and chicken.
The decision came after the Paint Applicators Trade Action Coalition and the Paint Applicator Division of the American Brush Manufacturers Association -- two American organizations which demanded the investigation back in 1985 -- asked for an end of more tariffs on the Chinese product.
On December 18, 1985, the US International Trade Commission levied an anti-dumping duty of 127.07 percent on Chinese paintbrush producer, China National Native Produce and Animal By-Products Import and Export Corp.
The duty was raised to 351.92 percent on March 22, 2010 after a review.
The statement did not elaborate on the influence of the tariff on Chinese exports of bristle paintbrush to the US.
"The case may be small in value, but it is very meaningful against the background of growing trade disputes these days," said Feng Jun, a professor at the Shanghai Institute of Foreign Trade. "The US decision is welcome and we really hope people in the US can understand it is their loss if they refuse to let Chinese products in."
The latest US punitive duties were imposed upon the imports of Chinese-made electric blankets with a rate of 174.85 percent. Since last September when the US raised the import tariff on Chinese tire, products involved in the trade disputes have been expanded to steel, oil drill pipes, coated paper, copper tubes and chicken.
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