Solar Energy News  
TRADE WARS
China targets US, EU with rubber trade case
by Staff Writers
Beijing (AFP) April 19, 2018

China announced on Thursday it would impose temporary anti-dumping measures on synthetic rubber imported from the United States, the European Union and Singapore.

The case could stoke the simmering tit-for-tat trade tiff between Beijing and Washington, with each side having made threats of more duties on billions of dollars worth of goods.

China's commerce ministry repeated that the two sides were not negotiating on the issue -- appearing to contradict US President Donald Trump's claim last week that the two sides were having "great discussions" on trade.

"The two sides have not conducted any bilateral negotiations on the US's section 301 investigation or the US's proposed list of Chinese products to tax," ministry spokesman Gao Feng told a regular press briefing.

The US section 301 investigation focuses on what Washington describes as Beijing's intellectual property breaches, including a failure to respect foreign patent holders.

When asked if China had underestimated the Trump administration's resolve on trade, Gao shot back: "We hope the US will not underestimate China's resolve."

He warned that Beijing would fight back against any "erroneous scheme" by the US that would attempt to "contain China's development and force China to yield".

"On the surface the US's actions are targeting China, but actually it is harming itself," Gao said.

The anti-dumping measures on rubber come after an initial investigation by China's commerce ministry found evidence the countries were dumping the halo-isobutene-isoprene rubber.

Importers were directed to place deposits with China's customs department ranging in amount from 26 percent to 66.5 percent of the goods' cost -- to be applied against the imposed tariffs if the ministry finds dumping in its final ruling.

The dumping did "substantial damage" to China's domestic industry, the commerce ministry said in a statement.

The US and Singapore are China's main foreign sources of the synthetic rubber, with imports from the two countries respectively totalling $153 million and $115 million last year.

It follows a similar case from Tuesday when China decided to slap provisional anti-dumping duties on imports of US sorghum.


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


TRADE WARS
'Big Freeze': Russian counter-sanctions draft may put Boeing 'on hold'
Moscow (Sputnik) Apr 17, 2018
Russian lawmakers have submitted a wide-ranging bill that could freeze crucial exports to the United States. The bill, which was drafted in response to the new round of US sanctions announced last week, proposes a wide range of restrictions on the import of US goods and services and could impact bilateral cooperation in such high-tech areas as nuclear engineering and space exploration. The draft is scheduled to be put up for vote on May 8. b>Painful Blow br> /b> The bill, drafted by ... read more

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
Research shows how genetics can contribute for advances in 2G ethanol production

Algae-forestry, bioenergy mix could help make CO2 vanish from thin air

Removing the brakes on plant oil production

NUS engineers pioneer greener and cheaper technique for biofuel production

TRADE WARS
Researchers design 'soft' robots that can move on their own

Two robots are better than one for NIST's 5G antenna measurement research

Want computers to see better in the real world? Train them in a virtual reality

Visual recognition: Seeing the world through the eyes of rodents

TRADE WARS
Alberta proposes more renewable energy incentives

Transformer station for giant German wind farm positioned

Scotland's largest offshore wind farm close to operational

Construction complete ahead of schedule at Sommette wind farm, France

TRADE WARS
China to relax foreign ownership limits on cars, other industries

ULEMCo to Demonstrate First Zero Emission Combustion Engine Truck

With bikes, transit, Uber unveils urban transport vision

EU unveils new consumer protections after 'dieselgate' scandal

TRADE WARS
Army research rejuvenates older zinc batteries

Filling lithium-ion cells faster

Tungsten 'too brittle' for nuclear fusion reactors

New technology could wean the battery world off cobalt

TRADE WARS
Quake hits near Iran nuclear power plant

Namibia president denies graft in nuclear deal

NRC approval brings Framatome's fuel technology closer to market

Framatome displays year of powerful performance, supports 44 nuclear power outages in 2017

TRADE WARS
Carbon taxes can be both fair and effective, study shows

Trump rolls back Obama-era fuel efficiency rules

Lights out for world landmarks in nod to nature

Puerto Rico power grid snaps, nearly 1 million in the dark

TRADE WARS
Palm trees are spreading northward - how far will they go?

Soil fungi may help determine the resilience of forests to environmental change

Drought-induced changes in forest composition amplify effects of climate change

Amazon deforestation is close to tipping point









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.