. Earth Science News .
TRADE WARS
China slams US aluminium foil tariff ahead of Trump visit
by Staff Writers
Beijing (AFP) Oct 30, 2017


China has criticised new United States anti-dumping duties on aluminium foil, saying it was "extremely dissatisfied" with the new measures, just days before President Trump visits Beijing.

The tariff was announced Friday by the US following concern that China was undercutting American manufacturers by flooding the country with underpriced aluminium products.

But the timing has raised fears of a trade dispute during Trump's first visit as president to the Chinese capital next week, when commerce between the nations is expected to be high on the agenda.

On Saturday evening, China's Ministry of Commerce said the US was ignoring World Trade Organization rules by introducing the duties, and not fulfilling its international obligations.

"The US is not only harming the interests of Chinese companies, it is also damaging the seriousness and authority of multilateral rules and regulations," said Wang Hejun, Director of the Trade Remedy and Investigation Bureau, in a statement.

The US Commerce Department plans to impose fresh duties of 96.81 percent to 162.24 on Chinese aluminium foil imports to the US.

The new tariff will affect the type of aluminium foil found in kitchens, packaging and automobiles.

Since assuming the presidency in January, Trump has largely refrained from taking the hard-nosed measures he boasted about on the campaign trail, where he threatened to label China a "currency manipulator". But his administration has started to take a tougher line on trade.

The Trump administration has initiated 77 antidumping and countervailing duty investigations since January, up 61 percent since last year, the Commerce Department said on Friday.

Trade is likely to be high on Trump's agenda during the visit. Last week, he tweeted he had discussed North Korea and trade in a phone call with President Xi, calling them "two very important subjects!"

In September, China's monthly trade surplus with the United States hit a high not seen in at least three years.

The Ministry of Commerce's statement said the US was using "discriminatory" surrogate country pricing practices to introduce the duties, which it said were no longer applicable to China as of December, 2016.

TRADE WARS
US puts anti-dumping duties on Chinese aluminum foil imports
Washington (AFP) Oct 27, 2017
The United States on Friday imposed fresh import duties on Chinese aluminum, accusing exporters of dumping their product on the US market at prices below cost. The move follows a Commerce Department decision in August that also imposed import duties to counteract alleged unfair Chinese subsidies in the aluminum foil industry. President Donald Trump is due to visit China as part of an 11- ... read more

Related Links
Global Trade News


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


Comment using your Disqus, Facebook, Google or Twitter login.

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

TRADE WARS
17 climbers dead after avalanche in Mongolia

Sophisticated DNA labs unveiled to help trace the missing

US Congress passes $36.5 bn in hurricane, wildfire aid

Mayor of Puerto Rican capital a fighter who took on Trump

TRADE WARS
Turning a material upside down can sometimes make it softer

Selective memory makes data caches 50 percent more efficient

Electrode materials from the microwave oven

A quantum spin liquid

TRADE WARS
Underwater sound waves help scientists locate ocean impacts

Ben-Gurion introduces Israel's first underwater robotic vehicle

Cool roofs have water saving benefits too

Impact of Amazonian hydropower is 'significantly underestimated,'

TRADE WARS
Groundwater and tundra fires may work together to thaw permafrost

New crew and new research in Antarctica

Study links rapid ice sheet melting with distant volcanic eruptions

Scientists surprised to find jellyfish under Arctic sea ice

TRADE WARS
Palm oil production, deforestation blamed for rising temperatures in Indonesia

Slurp alert: Japanese fork masks noodle-sucking noise

Global wine output hits 50-year low: OIV

EU gives ground on weedkiller fears

TRADE WARS
Three killed, one missing in Bulgaria floods

Floods could hit New York every five years: study

Typhoon leaves five dead after lashing Japan on election day

Volcanic eruption showers Solomons' villages with ash

TRADE WARS
Pentagon looks at stepped-up Africa role to counter IS

US military to pursue Niger operations after deadly attack

Niger raid highlights US forces' growing Africa role

UN anti-torture panel suspends Rwanda trip over 'obstructions'

TRADE WARS
Determining when humans started impacting the planet on a large scale

Set of 9 million-year-old teeth suggests earliest human relatives could have lived in Europe

Primate study offers insights into relationship between of jealousy and monogamy

Genome of a 40,000-year-old man in China reveals region's complex human history









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.