China Launches Anti-Dumping Probe on U.S., EU, Japan, Taiwan Thermoplastics

China has initiated an anti-dumping investigation targeting thermoplastic imports used in automotive and electronics from the U.S., EU, Japan, and Taiwan. The probe, focused on polyoxymethylene copolymers, is expected to conclude within a year, with a possible six-month extension.

This move seems to be a response to the EU's investigation into alleged unfair trade practices by Chinese firms.

Last week, the U.S. significantly increased tariffs on Chinese goods, including electric vehicles, steel, aluminum products, and solar cells, affecting $18 billion worth of imports. Meanwhile, EU leaders are contemplating imposing high tariffs on Chinese-made electric vehicles and wind turbines under a new anti-subsidy law, potentially closing off a vital market for China.

#TradeWars #China #Tariffs #GlobalEconomy #USChinaRelations #EUTrade #AntiDumping

Reply to this note

Please Login to reply.

Discussion

Yeah, so this hurts us for sure. The issue is that the cirrent regime is doing the opposite of what I was talking about. They have reversed virtually all of the Trump era incentives for businesses to maintain operations in the US and employee Americans. You can't smash in business incentives and raise tariffs. That hurts businesses and Americans all around. This is just a money grab by the administration. It's in line with the 80k it's agents.

They're kicking over every rock to increase revenue.