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 user 2007-11-21 at 1:45:00 pm Views: 41
  • #20927

    US Panel Repeals Chinese Paper Duties
    - A U.S. government panel said Wednesday it was canceling antidumping
    duties on Chinese paper in a closely watched case that prompted Beijing
    to file a World Trade Organization complaint.The International Trade
    Commission said it concluded that American industry was not threatened
    by imports of Chinese coated paper. A U.S. company had complained the
    imports received improper government subsidies and were unfair
    competition.”No antidumping or countervailing duties will be imposed on
    imports of this product,” the American agency said on its Web site. It
    said the ruling applied to similar imports from South Korea and

    The Bush administration is under pressure to take
    action over China’s trade surplus with the United States. The gap
    reached a record high of $232.5 billion in 2006 and is expected to
    surpassed that this year. Some American lawmakers are calling for
    sanctions if Beijing fails to act faster to narrow its trade surplus
    and ease currency controls.Washington’s decision in May to impose
    duties attracted attention because it reversed 23 years of U.S. policy
    by treating China – which is classed as a nonmarket economy – the same
    way other trading partners are treated in subsidy cases. The U.S.
    government imposed preliminary tariffs ranging from 23.19 percent to
    99.54 percent on imports of glossy Chinese paper used in art books,
    textbooks and magazines.The move alarmed Beijing because it opened the
    way for complaints by U.S. companies that face competition from imports
    of Chinese furniture and other goods. Many say Chinese rivals receive
    improper help in the form of low-cost loans and other aid.

    demanded the repeal of the duties and filed a WTO complaint accusing
    the United States of acting improperly.The case comes amid a flurry of
    WTO complaints by the United States against China.Washington has filed
    four cases accusing Beijing of giving Chinese companies illegal
    subsidies, improperly blocking imports of foreign auto parts, hindering
    sales of American movies and failing to adequately enforce intellectual
    property rights.