Free Republic

Russia has filed its first trade dispute before the World Trade Organization, complaining about the European Union’s anti-dumping duties. […] In a statement Monday, the WTO said Russia is seeking consultations with the EU over its anti-dumping duties on Russian steel products and ammonium nitrate, which is mainly used in fertilizer. The EU is levying duties because it believes Russia is selling those goods below their production cost. …

China to levy anti-dumping, anti-subsidy duties on U.S. auto imports BEIJING, Dec. 14 (Xinhua) -- The Ministry of Commerce said Wednesday that China will levy anti-dumping and anti-subsidy duties on sedans and sport-utility vehicles (SUV) with engines of 2.5 liters and above imported from the United States, after an investigation showed evidence of dumping. Effective Thursday, importers of related vehicles from the U.S. will be required to set aside deposits with Chinese customs ranging from 2 percent to 12.9 percent according to the level of dumping and the level of subsidy U.S. carmakers received from their government, the ministry said...

Beijing - China formally ordered an anti-dumping and anti-subsidy probe into imports of US poultry on Sunday, according to the Ministry of Commerce. The investigation came in response to a petition received by the China Animal Husbandry Association on behalf of the domestic poultry industry, the ministry said in a statement on its website. China first announced it would launch an anti-dumping probe into US poultry exports and automobile parts, just days after US President Barack Obama announced new tariffs on US imports of Chinese-made tyres on September 11. Preceding the G20 summit earlier this week, Chinese President Hu Jintao...

If the feds really want to help the economy post-Katrina, here are four words: lumber, cement, shrimp and steel. They all have prices higher than necessary because of U.S. anti-dumping trade law. Start with lumber and cement, which will soon be in great demand to rebuild the tens of thousands of damaged homes. Prices are sure to rise as reconstruction begins, but thanks to U.S. tariffs as high as 27% on Canadian lumber, American home buyers already pay an extra $1,000 on average for their shelter. The same goes for U.S. duties on Mexican cement, which have averaged 55% since...

American consumers of everything from shrimp and pasta to candles, ball bearings and steel already bear the high price of anti-dumping tariffs slapped by Washington on hundreds of imports. Now Americans are about to pay again for an anti-dumping policy that is akin to letting the inmates run the asylum. The World Trade Organization ruled this week that the U.S. could be hit with retaliatory duties if it doesn't do away with the Byrd Amendment. This nasty little rule rewards domestic producers that support dumping petitions with the proceeds of anti-dumping duties. Talk about perverse incentives. The possible retaliators --...

Without the status, Chinese firms are vulnerable to anti-dumping accusations by business rivals in other countries BEIJING - At least one Chinese maker of television sets is being driven to the wall by business rivals quick to pounce on a rule that makes it easy to file anti-dumping complaints against China. Sichuan Changhong Electric Company's exports of TV sets to the United States, once making up two-thirds of its total output, have dwindled to a drip since the US Department of Commerce slapped a 24.48 per cent duty on the import of its 21-inch or larger models. The punitive action...

CORNING, United States (AFP) - China has accused the world's top optical fiber producers in the United States, South Korea (news - web sites) and Japan of dumping, US technology group Corning Inc. said. Corning said it had received a preliminary determination from the Chinese trade ministry that it had dumped US-made "single-mode optical fibre," causing injury to Chinese producers. The Chinese authorities also named the other major manufacturers: Japanese giant Furukawa and its US-based OFS subsidiary, and South Korean groups Samsung and LG, a Corning official said. The preliminary ruling against Corning means Chinese importers of its optical fiber...

Over the years it would be hard to find a more stalwart free marketer in the United States Senate than Larry Craig of Idaho. Craig has one of the highest National Taxpayers Union marks in fighting against big government. He has lead the charge on supply-side tax-cutting. I have worked with him and his staff on capital-gains tax reduction — which is so critical to getting the financial markets out of their 24 month-long slide.So why in the world has Larry Craig teamed up with ultra-liberal Democrat Mark Dayton of Minnesota to sponsor a poison-pill amendment to President Bush's...