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US slaps tariff on Chinese blankets
By Wang Yanlin |
July 29, 2010, Thursday
|
Online Edition
Online Edition
THE United States International Trade Commission has levied an anti-dumping tariff of up to 174.85 percent on their imports of Chinese electric blankets due to alleged damage to American makers.
The decision was final because the US Commerce Department approved the tariff at the beginning of this month.
The US Commerce Department mainly investigates dumping actions and their gravity, while the US International Trade Commission rules whether the practices create damage to related industries. If both give a positive yes, the US Customs will officially start to collect tariffs.
The US final decision on Chinese electric blankets said that a tariff of 77.75 percent will be imposed upon three companies which responded to the investigation. These are Ningbo Veken Co Ltd, Ningbo Jifa Electric Appliances Co Ltd and Hongguo Electric (Shenzhen) Co Ltd. Others will face a tariff of up to 174.85 percent.
The US decision came after last month's Toronto summit of the Group of 20 leading economies, when the US and leaders of other countries pledged to fight various forms of protectionism.
The Chinese Ministry of Commerce has not commented on the issue so far, but its spokesman has denounced similar US decisions under many circumstances and called them purely protectionism.
The decision was final because the US Commerce Department approved the tariff at the beginning of this month.
The US Commerce Department mainly investigates dumping actions and their gravity, while the US International Trade Commission rules whether the practices create damage to related industries. If both give a positive yes, the US Customs will officially start to collect tariffs.
The US final decision on Chinese electric blankets said that a tariff of 77.75 percent will be imposed upon three companies which responded to the investigation. These are Ningbo Veken Co Ltd, Ningbo Jifa Electric Appliances Co Ltd and Hongguo Electric (Shenzhen) Co Ltd. Others will face a tariff of up to 174.85 percent.
The US decision came after last month's Toronto summit of the Group of 20 leading economies, when the US and leaders of other countries pledged to fight various forms of protectionism.
The Chinese Ministry of Commerce has not commented on the issue so far, but its spokesman has denounced similar US decisions under many circumstances and called them purely protectionism.
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