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ypjoy762
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03/23/12 at 01:43US economic deterioration, rising unemployment
U.S. employment data in November 2008 released early last month, the unemployment rate rose to 6.7 percent, the highest since the past 15 years, http://www.budgetblankets.com/ , the number of unemployed reached 10.3 million. A few days ago, U.S. President Barack Obama's Economic Advisory Group predicted that this year may have an additional four million Americans unemployed, the unemployment rate will climb to more than 9%.
, Obama has decided to take bolder than originally planned economic stimulus package, the next two years to create or save jobs target by 2.5 million to $ 3 million. This is worrying that the possibility of trade protectionism in the United States will further increase.
The trade friction continues to heat up
In situations of economic downturn, the United States the week before last Christmas, one after another against China launched an attack. December 19, 2009, the U.S. government to the World Trade Organization (WTO) appeal, refers to China several awards for involving goods, including textiles, refrigerators, beer. United States said that these measures have to damage the interests of U.S. workers, producers, etc., the requirements of the WTO dispute settlement mechanism under the consultation. Mexico also participated in the U.S. action.
December 22, the U.S. International Trade Commission (International Trade Commission) to vote in support of the U.S. Department of Commerce on Chinese imports of specific steel pipe to levy up to 40% countervailing duty. China to respond immediately to the WTO on the legality of the Chinese standard steel pipe and other products taken by the countervailing and anti-dumping measures, the establishment of the expert group to investigate, but it was the United States through the program to stop it.
December 23, the U.S. Commerce Department announced a preliminary ruling from 13-197% of the levy countervailing duties to the relevant products imported from China Kitchen Shelves countervailing case. a final determination expected to be published in May 2009. reward
The U.S. request for consultations for a number of incentives at the national level and a number of provincial and municipal level. at the national level, the Chinese Ministry of Commerce set up a selection of Chinese export brand (but affected by the Sanlu milk powder incident, the State General Administration of Quality Supervision, Inspection and Quarantine was issued on September 20, 2008 announcement, no longer apply directly for the enterprise and product-related brand-name contest. ), the United States refers to the multiple levels of government agencies in China to selected companies to provide a variety of subsidies, including cash incentives for export, to provide preferential loans to exporters, funding to develop new export products, to give financial grants to reduce the export credit insurance.
China Commerce Department to respond to this, China has always respected the WTO rules, http://www.budgetblankets.com/ , oppose trade protectionism, the request for consultations in the United States, Mexico, China will be dealt with in accordance with WTO rules.
Textiles exports to the U.S. there are multiple hidden
First of all, (...) , Barack Obama became U.S. president, his position is less favorable to the Mainland textiles exports to the U.S., plus to reach the goal to create or save 3 million jobs in the next two years to ease the severe unemployment situation in the United States I believe the mainland textiles exports to the U.S. this year is difficult to smooth sailing.
Sino-US textile agreement has been the end of quotas no longer exists, the two sides have not reached a new consensus for monitoring Mainland textiles exports to the U.S. has truly entered the no limit to the stage, but the industry is more worried about.
Last year, exports to the EU quota is canceled, whichever is replaced by a bilateral monitoring.
Export volume of exports to the EU, Category 5 sweaters and 26 dress 08 years, compared with 2007 surge more than three times; other monitored categories were under 30 twice increases. news is that the EU has not yet taken any anti-dumping action.
But if a similar increase in textile exports to the U.S., the United States will not give up easily? In fact, the U.S. textile groups have been actively deployed, waiting in the wings, the Mainland to the number of US textile products recorded a significant growth in the believe that they will soon take action.
In addition, coupled with some of the countervailing risk of allegations of Mainland exports to the U.S. textile products this year, I am afraid to experience another round of turmoil.
The financial tsunami, the worldwide economic slowdown and rising unemployment. I believe the next year or two countries to protect their own economic interests, the situation of international trade friction will become more severe. Mainland in this regard has always been against the most important goal, the Chinese Ministry of Commerce Researchers infer that the prosecution of cases in China this year will exceed the sum of the past few years. |
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