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EU Retaliatory Tariffs On Us Women'S Jeans

2013/5/16 9:32:00 20

The European UnionThe United StatesThe TariffThe Manufacturer

< p > EU has retaliated tariffs on American products including senior female jeans since May 1, 2013. < a href= "http://news.sjfzxm.com/news/hangye/20130515/342157.html" > levying tax rate < /a > increased from 12% to 38%, which will impact American manufacturers.

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< p > EU's import tariff on us jeans and other products is extended. < a href= "http://news.sjfzxm.com/news/hangye/20130515/342155.html > > WTO < /a" authorized trade sanctions against the United States for the repeal of anti-dumping and subsidy cancellation act of 2000 (the Continued Dumping and Dumping 2000).

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< p > October 2000 the US Congress passed the "a href=" http://news.sjfzxm.com/news/hangye/20130514/341982.html "CDSOA > /a" act, generally known as the Bayer amendment (Byrd Amendment), allowing the United States to collect anti-dumping duties and balance tax revenue collected annually, and to lodge complaints against the United States domestic industry for the damage caused by cheap imports.

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< p > at that time, many countries believed that the bill offered double protection to the US industry, and might cause the US industry to encourage more anti-dumping and balance measures investigation.

So the eight countries of the European Union, Japan, Canada, South Korea and Brazil resorted to the dispute settlement mechanism of the WTO dispute settlement mechanism. In January 2003, WTO ruled that the Bayer amendment violated the WTO anti dumping agreement and the subsidy and balance measures agreement, and because the United States failed to fulfill the ruling of WTO, after that, 8 winning members such as the European Union and Japan were authorized by the WTO to take trade retaliatory measures against the United States. They could subsidize 72% of the US manufacturers' total value of anti-dumping duties imposed by the US government, and impose equal trade retaliation duties on imports.

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< p > the bill violates the provisions of WTO. Although the US Congress passed the abolition of < a href= "http://news.sjfzxm.com/news/hangye/20130514/341970.html" > Bayer amendment < /a > in February 2006, it added a pitional clause, allowing the US government to continue to subsidize the dumping duties and taxes paid by US trading partners before October 1, 2007, because these tariffs are often imposed only after a few years' import. The bill has been abolished, but it can continue to operate for many years after October 2007.

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Less than P, the tariff rise was just a few weeks before the EU and the United States began negotiations on the free trade agreement, which had a great impact on the important and growing American manufacturing industry.

The most urgent task for us jeans makers is to formulate strategies to overcome the crisis of exports to the European Union.

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< p > in April 24th this year, the WTO dispute settlement body meeting announced that the European Union announced a substantial increase in its dispute over the a href= "http://news.sjfzxm.com/news/hangye/20130514/341905.html" WTO /a > accusation of the US CDSOA act and the retaliatory tariffs imposed on US imports.

The EU said that the amount of retaliatory tariffs imposed on US imports would increase from $3 million 200 thousand a year ago to US $61 million from May 1st this year, an increase of 1800%.

Women's jeans imported from the United States have become the EU's primary goal of increasing tariffs.

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< p > according to the European Union's rules of implementation issued in April 17th this year, imports of sweet corn, spectacle frames, mirror frames and cranes and other 3 products will increase from 26% to 15% since May 1st.

In addition, women's imported cotton jeans and shorts will be levied 12% yuan from the plateau, an additional 26% increase.

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< p > according to the annual report of a href= "http://news.sjfzxm.com/news/fushi/20130514/341967.html" > CDSOA < /a > issued by the US Customs and border protection department in November 27, 2012, the total amount of anti-dumping duties levied on imported goods from 2012 countries in the fiscal year amounted to $118 million 700 thousand, which is higher than the 85 million US dollars allocated in the fiscal year in 2011.

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