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Shanghai Prime Machinery Suffers European Antidumping Tax

04/02/2009

SHANGHAI, Feb 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- SMHYF | Quote | Chart | News | PowerRating -- The European Union will impose an antidumping tax of 69.9% on certain products made by Shanghai Biaowu High-Tensile Fasteners Co., Ltd.,

At Davos, Arroyo urges expansion of G-7 to 30 states

04/02/2009

President Arroyo on late Saturday night called for the expansion of the Group of 7 (G-7)—composed of seven of the world’s wealthiest economies—to a “G-20 or even a G-30”

Trade officials call for Doha deal to fight protectionism

04/02/2009

DAVOS, Switzerland, Jan. 31 (Xinhua) -- Finishing the Doha Round of global trade talks is the best step global leaders can take to avoid a destructive protectionist backlash from the current economic crisis, trade officials said on Saturday.

Out of Gaps In Treaties, First Salvos Of Trade War

04/02/2009

In 1930, Congress fired the first shot in a protectionist battle that prolonged and deepened the Great Depression. After passing a bill aimed at saving American jobs by effectively barring 20,000 imported goods

EU puts antidumping duties on Chinese screws, bolts

04/02/2009

BRUSSELS, Jan 31 (Reuters) - The European Union imposed on Saturday import duties of up to 85 percent on screws and bolts from China, a move likely to trigger retaliatory action by Beijing at the World Trade Organisation.

China to begin sunset review of anti-dumping duties on imported phenol

04/02/2009

BEIJING, Jan. 31 (Xinhua) -- China's Ministry of Commerce said Saturday it will start a sunset review of its five-year anti-dumping duties on phenol imports from Japan, the Republic of Korea, the United States and Taiwan.

As the looms go silent in Benaras

04/02/2009

Hands that wove magic with zari are pulling rickshaws to survive. A combination of mechanisation and duty-free import of silk yarn and fabric have ensured the ruin of the Benarasi weavers.