Medical and Hospital News  
TRADE WARS
US hits cheap China washing machines with punitive duties
by Staff Writers
Washington (AFP) Dec 9, 2016


Chinese manufacturers are dumping washing machines into the US market at artificially low prices, making them subject to punitive duties of up to 52 percent, the Commerce Department announced Friday.

In a case brought by US appliance manufacturer Whirlpool a year ago, in a market that saw $1.1 billion imports in 2015, one Chinese firm was found to be dumping the large clothes washers at up to 52.5 percent below the fair price.

The Commerce Department has ordered importers to begin paying the punitive duties immediately, but the final step will come January 23 when the International Trade Commission will rule on whether the dumping has harmed US companies, in which case the penalties on the Chinese products will be enforced permanently.

Suzhou Samsung Electronics was found to be selling at the biggest gap below fair value, while other producers had margins of 44.3 percent, and Nanjing LG-Panda Appliances with the smallest gap, of 32 percent.

The latest antidumping case comes on the eve of China's 15th anniversary of joining the World Trade Organization, which was supposed to mark the formal recognition of the country as a market economy.

China wants that status as it would make antidumping cases harder to file, but the United States has indicated it is not ready to change how it handles these cases, as has Japan.


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Global Trade News






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
TRADE WARS
US exports to China rise; total trade deficit widens in October
Washington (AFP) Dec 6, 2016
The US trade deficit widened in October but remained smaller than a year earlier, and included a big jump in exports to China, especially cars, the Commerce Department said Tuesday. The overall trade gap for the month grew nearly 18 percent to $42.6 billion, an increase of $6.4 billion over the surprisingly low September deficit. The level was about in line with analyst expectations, which f ... read more


TRADE WARS
Syrian crisis altered region's land and water resources

MH370 relatives in Madagascar to hunt for clues

For Mosul displaced, the added pain of divided families

Refugees rehoused in Greece as temperatures drop

TRADE WARS
Lockheed Martin Advances Modernization of Current GPS Ground Control System for USAF

High-Precision System for Real-Time Navigation Data of GLONASS Ready for Service

Launch of new Galileo navigation quartet

How NASA and John Deere Helped Tractors Drive Themselves

TRADE WARS
Secrets of the paleo diet

Human ancestor 'Lucy' was a tree climber, new evidence suggests

The role of physical environment in the 'broken windows' theory

Scientist uses 'dinosaur crater' rocks, prehistoric teeth to track ancient humans

TRADE WARS
Using the force

Canada caribou and monarch butterfly "endangered": experts

Intensification of land use leads to the same species everywhere

To communicate, some ants swap spit

TRADE WARS
Overwhelming evidence of malaria's existence 2,000 years ago

Archaeologists find 14th century Black Death 'plague pit' in England

UN chief Ban apologizes to Haitian people over cholera epidemic

S.Africa launches major new trial of AIDS vaccine

TRADE WARS
Torture rampant in China's 'shuanggui' system: HRW

Nude selfies used as collateral for Chinese loans

Cheeky Chinese artist critiques society with nudity

Hong Kong launches legal bid against four pro-democracy lawmakers

TRADE WARS
African leaders tackle piracy, illegal fishing at Lome summit

US to deport ex-navy chief drug trafficker to Guinea-Bissau

Gunmen ambush Mexican military convoy, kill 5 soldiers

Mexican army to probe killings of six in their home

TRADE WARS
Property and credit booms stablise China growth

China data and US banks propel equities higher

No debt-for-equity cure for zombie firms, says China

China's ranks of super-rich rise despite economic slowdown









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.