News
US targets Chinese steel with 'overcapacity' fallacy amid escalating trade tensions; move casts great uncertainty on stabilizing bilateral ties
19/04/2024
US President Joe Biden is reportedly pushing for tariffs to triple on Chinese steel and aluminum, a new sign that Washington - disregarding WTO multilateral rules, domestic inflation pressure and global supply chain stability - is targeting Chinese industries under the guise of "overcapacity" fallacy.
Anti-dumping duties against US chicken remain in place
19/04/2024
Chicken imports from the US will remain subject to anti-dumping duties for another five years to prevent continued dumping that may cause material injury to the local industry. The International Trade Administration Commission (Itac) concluded its sunset review investigation on the anti-dumping duties imposed on frozen bone-in chicken portions from the US. It found that dumping would recur if the duties expired.