U.S. Tariff Remedy Plan on Chinese Vehicle Tires May Threaten Domestic Producers
[2009-07-06 10:51:07]
China's commerce ministry said that Chinese government strongly opposes the United States' proposed duties on Chinese tires, as such a move could be a sign of trade protectionism.
China is "highly concerned" about the tariff remedy plan on Chinese tires recommended by the U.S. International Trade Commission (ITC), said the ministry in a statement on its Web site, citing unnamed sources with Bureau of Fair Trade for Imports and Exports under the ministry.
Members of ITC suggested Monday that the U.S. should impose 35 to 55 percent duties in the next three years on certain Chinese passenger vehicles and light truck tires as the imports of such products would cause or threaten to cause market disruption to the domestic producers of like or competitive products.
The recommendation has been "unreasonable and lacks of objective evidences", said the statement, adding that such action would baffle tire trade between China and the U.S., and in turn harm the interests of American tire consumers.
The statement says that Chinese-made tires did not cause direct competition with the U.S. products. Restriction on Chinese imports cannot fix the structural problem in the U.S., it said.
The Chinese government would urge the U.S. not to take such protective measure, which would "send a wrong signal of trade protectionism," said the statement.
China is "highly concerned" about the tariff remedy plan on Chinese tires recommended by the U.S. International Trade Commission (ITC), said the ministry in a statement on its Web site, citing unnamed sources with Bureau of Fair Trade for Imports and Exports under the ministry.
Members of ITC suggested Monday that the U.S. should impose 35 to 55 percent duties in the next three years on certain Chinese passenger vehicles and light truck tires as the imports of such products would cause or threaten to cause market disruption to the domestic producers of like or competitive products.
The recommendation has been "unreasonable and lacks of objective evidences", said the statement, adding that such action would baffle tire trade between China and the U.S., and in turn harm the interests of American tire consumers.
The statement says that Chinese-made tires did not cause direct competition with the U.S. products. Restriction on Chinese imports cannot fix the structural problem in the U.S., it said.
The Chinese government would urge the U.S. not to take such protective measure, which would "send a wrong signal of trade protectionism," said the statement.
Source: Xinhua
Related Articles:
-
{tag_内容页相关信息}
Most Read
-
{tag_栏目页热点}
Related Photos
{tag_栏目页图片文章}