U.S. Introduces Trade Remedy Measures to Strengthen Double Counterstrikes

The U.S. Department of Commerce (MOFCOM) introduced a package of measures to strengthen trade remedy measures to strengthen anti-dumping and anti-subsidy measures.

According to the report of Xinhua News Agency on August 27, the U.S. Department of Commerce (MOFCOM) set up a package of trade remedy measures to strengthen anti-dumping and anti-subsidy measures.

The U.S. Department of Commerce stated that these proposals are aimed at supporting the Obama administration’s export promotion strategy, helping US companies to obtain fair competition opportunities and enhancing overseas market expansion capabilities.

According to the report, the core content of the 14 package proposal proposed by the US Department of Commerce is to cancel the anti-dumping or countervailing exemption granted to a single foreign export company under certain circumstances. At the same time, it is stipulated that after the relevant department makes anti-dumping or anti-subsidy preliminary sanctions, it is subject to Sanctioned companies can only continue to export goods to the United States in cash (rather than cash or bonds originally).

In addition, change the current calculation method for export duties and VAT when calculating dumping margins, adopt new measurement methods to calculate wage levels in non-market economy countries, use alternative wage levels to fully reflect all labor costs including benefits, taxes, etc. .