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3 weeks ago | yicaiglobal.com | Feng Difan |Chen Yangyuan |Zhang Yushuo |Chen Shanshan

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[Exclusive] China Rebukes US, Canada for Violating Trade Rules at WTO Meeting

Nov 21, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Nov. 21 -- China criticized the Canadian government for hiking tariffs on electric cars and other goods imported from China, and admonished the US government for instigating another probe into China’s shipping industry at a recent meeting of the World Trade Organization. The country representative pointed out that such actions are a type of trade protectionism and undermine the WTO’s multilateral rules-based trading system.
US Businesses Ready for Trump Tariffs Amid Price Warning

Nov 13, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Nov. 13 -- With import tariffs expected to rise under US President-elect Donald Trump’s next administration, US manufacturers and retailers are looking at rejigging their supply chains, but sources in the trade and logistics sectors caution that a switch will not be easy.
Team Picks to Partly Shape Trump’s Impact on Global Trade, Chinese Think Tank Head Says

Nov 8, 2024 | yicaiglobal.com | Feng Difan |Gao Ya

(Yicai) Nov. 8 -- The impact of Donald Trump’s reelection as US president on the international trade landscape will hinge in part on the personnel choices he makes for his trade team, especially for the key role of US Trade Representative, according to the head of a Chinese think tank. During his first administration, which ran from January 2017 to January 2021, Trump repeatedly threatened to withdraw the United States from the Geneva-based World Trade Organization.
China Considers Raising Import Tariffs on Large-Displacement Fuel Vehicles

Oct 9, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Oct. 9 -- China's Ministry of Commerce said the country is weighing increasing tariffs on imported large-displacement fuel vehicles. China is ready to take all necessary measures to safeguard the legitimate rights and interests of its industries and enterprises, a ministry spokesperson said yesterday. The tariff rate for imported cars in China is 15 percent.
China Firmly Opposes U.S. Tariff Hikes on Chinese Goods

Sep 16, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Sept. 16 – China is strongly dissatisfied with and firmly opposes U.S. abuse of Section 301 to hike tariffs on some Chinese goods, the Ministry of Commerce said over the weekend. The Office of the United States Trade Representative on Sept 13th announced final modifications concerning the statutory review of the tariff actions toward China under Section 301.
China Starts Anti-Dumping Probe Into Canadian Rapeseed Imports

Sep 9, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Sept. 10 -- China's Ministry of Commerce has started an anti-dumping investigation into rapeseed imports from Canada. The probe comes after evidence of dumping practices that have caused substantial harm to Chinese industries, the ministry announced yesterday. Examined will be dumping activities from Jan. 1 to Dec. 31 last year, while the industry damage investigation period spans from the start of 2021 to the end of 2023.
China Won't Impose Anti-Dumping Duties on European Brandy at Preliminary Stage

Aug 30, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Aug. 30 -- China will not implement any anti-dumping actions related to the imports of brandy from the European Union on a preliminary basis. The margins of dumping of brandy imported to China from the EU were between 30.6 percent and 39 percent, China’s Ministry of Commerce announced yesterday, citing the preliminary results of the investigation. The MOFCOM said in a statement on Jan.
China's Commerce Ministry, Chamber of Commerce Oppose EU's Unfair Tariffs on Chinese EVs

Aug 21, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Aug. 21 -- China's Ministry of Commerce and the China Chamber of Commerce to the European Union have condemned the EU's additional tariffs on electric vehicles imported from China. China opposes the European Commission's plan to impose additional import duties of up to 36.3 percent on China-made EVs and will take all necessary actions to defend the legitimate rights and interests of Chinese companies, a spokesperson from the MOC said yesterday.
EU Foreign Investment Screening Plan Targets China, US, Expert Says

Aug 13, 2024 | yicaiglobal.com | Feng Difan

(Yicai) Aug. 13 -- The European Union is quite worried about the impact of China and the United States on its industries, including new energy and semiconductors, so its foreign investment regulation plan is mainly aimed at the two countries, according to a professor at the University of International Business and Economics.