News

EU starts dumping probe of Chinese candles, steel
EU starts dumping probe of Chinese candles, steel

23/02/2008

BRUSSELS (Reuters) - European Union trade inspectors have launched investigations into whether imports from China of candles and some steel products are being dumped, raising the prospect of further trade tensions within the bloc.
China Manufactures Alliance responds to preliminary anti-dumping decision
China Manufactures Alliance responds to preliminary anti-dumping decision

23/02/2008

Last week's preliminary decision by the United States Department of Commerce (DOC) to impose antidumping duties on imports of new pneumatic OTR tires from China was quickly supported by both the United Steelworkers and Titan Tire Corp.
Cement companies seek import protection, cut in levies
Cement companies seek import protection, cut in levies

23/02/2008

DELHI/MUMBAI: Cement companies are asking finance minister P Chidambaram, who slapped a dual duty regime on them last year, to reduce local levies and reimpose countervailing duty (CVD) on imports in the forthcoming Budget. Industry players claim that cement is the highest-taxed essential infrastructure input in the country with the combined levies coming to 70% of ex-factory price.
Chinese Duties on Car Parts Break Trade Law, WTO Says
Chinese Duties on Car Parts Break Trade Law, WTO Says

23/02/2008

Feb. 13 (Bloomberg) -- Chinese duties on imported car parts are illegal, the World Trade Organization said, backing the U.S. and the European Union in China's first defeat at the WTO, a person familiar with the matter said.
FMCGs may gain from duty cut on packaging material
FMCGs may gain from duty cut on packaging material

23/02/2008

NEW DELHI: In a move that could give a fillip to the fast-moving consumer goods industry, the finance ministry is considering reducing central excise on packaging material to 8% from the current 16%.
More tough fights in store for China at WTO
More tough fights in store for China at WTO

23/02/2008

SHANGHAI (AFP) — China can expect more tough fights at the WTO after its landmark defeat on car-part tariffs, as countries fed up with its practices will look to the global trade body for help, experts said Thursday.
Senators Oppose Market Economy Treatment of Individual Chinese Companies in AD Investigations
Senators Oppose Market Economy Treatment of Individual Chinese Companies in AD Investigations

23/02/2008

A bi-partisan group of senators led by John Rockefeller (Democrat-West Virginia) urged the Department of Commerce on 24 January to abandon a proposal that could extend market-economy treatment to individual respondents in anti-dumping proceedings involving China. The group includes 10 members of the prestigious Finance Committee (Sens. Rockefeller, Snowe, Schumer, Bunning, Conrad, Stabenow, Lincoln, Salazar, Kerry and Bingaman), which has jurisdiction...
Cambodian Garment Sector Under Threat
Cambodian Garment Sector Under Threat

19/02/2008

PHNOM PENH, Cambodia - Cambodia's garment industry expects to see a decline of orders from American retailers amid fear of a slowdown in the U.S. economy, a Cabinet minister said Tuesday, as he warned the country's top export sector by value faces tough times.
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