What are the WTO provisions on countervailing duties and anti dumping 5

Updated on Financial 2024-06-16
4 answers
  1. Anonymous users2024-02-12

    The following conditions are required for the imposition of anti-dumping duties under WTO regulations:

    1. The export of the surveyed product is lower than the normal value;

    2. The production of "similar products" is legally damaged by a domestic industry in the importing country;

    3. There is a causal relationship between low-priced exports and the damage to the domestic industry of the importing country;

    4. The imposition of additional duties is in the general interest or public interest of the jurisdiction.

    Anti-dumping duty refers to an additional duty imposed by the importing country** on dumped products in addition to the normal tariff. In practice, the most important and effective measure to resist dumping is the imposition of anti-dumping duties. An anti-dumping duty is an import surcharge that should not exceed the dumping margin and is limited to the realization of the anti-dumping action.

    The theoretical basis of imposing anti-dumping duties on importers is that after imposing anti-dumping duties on importers, they will increase the cost of importing such goods, and then turn to import other countries or buy domestic products and other high-quality products, so as to reduce the impact on domestic products, so as to safeguard the interests of domestic industries and resist vicious competition.

    Anti-dumping and countervailing duties regulations of the People's Republic of China

    Article 8 In determining the injury caused by dumping to the domestic industry, the following matters shall be examined:

    i) the quantity of dumped products, including the total amount of dumped products or the amount of growth relative to domestic identical or similar products and the likelihood of substantial growth;

    b) the dumped product, including the reduction of the dumped product or the effect on the domestic product of the same or similar product;

    iii) the impact of the dumped product on the domestic industry;

    iv) the production capacity, export capacity and inventory of the exporting country of the dumped product. Article 10 The domestic industry is the producer of all the same or similar products within the territory of the People's Republic of China, or the producers whose total output accounts for the majority of the total domestic output of the same or similar products; However, this may be excluded if the domestic producer is associated with the exporter or importer, or is itself the importer of the dumped product.

  2. Anonymous users2024-02-11

    1. Countervailing refers to the necessary restrictive measures taken by a country or the international community in response to subsidies in order to protect the healthy development of its own economy, maintain the order of fair competition, or for the free development of the world. These include interim measures and commitments to impose countervailing duties. 2. Anti-dumping refers to the measures taken to resist the dumping of foreign goods in the domestic market.

    Generally speaking, in addition to the general import duty on dumped foreign goods, additional taxes are added to make them not cheap, and this kind of additional tax is called "anti-dumping duty".

    What does anti-dumping mean.

    Anti-dumping refers to the measures taken to resist the dumping of foreign goods in the domestic market. Generally, in addition to the general import duty on dumped foreign goods, a surcharge is added to make it inexpensive, and this kind of surcharge is called "anti-dumping duty". The ultimate remedy for anti-dumping is to impose anti-dumping duties on the dumped product.

    The amount of anti-dumping duties imposed may be equal to or lower than the dumping margin.

    What does anti-dumping mean.

    Anti-dumping refers to the measures taken to resist the dumping of foreign goods in the domestic market. Generally, in addition to the general import duty on dumped foreign goods, a surcharge is added to make it inexpensive, and this kind of surcharge is called "anti-dumping duty". The ultimate remedy for anti-dumping is to impose anti-dumping duties on the dumped product.

    The amount of anti-dumping duties imposed may be equal to or lower than the dumping margin.

    What does anti-dumping duty mean.

    Anti-dumping duty refers to a special tariff imposed by the customs of the importing country on foreign dumped goods at the same time as the tariff, the purpose of which is to resist dumping and protect the domestic industry. ** If the agency deems it necessary, during the investigation period, it may also temporarily collect a deposit equivalent to the tax amount for the import of the goods. If the investigation results in dumping, it will be levied as an anti-dumping duty; If the dumping is not established, it will be refunded.

    What do anti-dumping measures mean.

    The imposition of anti-dumping duties is the measure taken by the final anti-dumping measures. Anti-dumping duty refers to an additional duty levied on dumped products by the competent authority of the importing side in addition to the normal customs duties and fees. The imposition of provisional anti-dumping duties shall be proposed by the Ministry of Commerce, and the Customs Tariff Commission shall make a decision based on the recommendations of the Ministry of Commerce.

    The Ministry of Commerce shall make a decision and make a public announcement on the requirement for a security deposit, letter of guarantee or other form of guarantee. The Customs shall implement the provisions of the announcement from the date of implementation. The amount of provisional anti-dumping duties or the amount of deposits, guarantees or other forms of security provided shall not exceed the dumping margin determined by the preliminary determination.

    What is dumping and anti-dumping.

    What is dumping and anti-dumping. Dumping refers to the entry of imported products into the market of the People's Republic of China at an export level lower than its normal value in the normal course of production. The investigation and determination of dumping shall be the responsibility of the Ministry of Foreign Economic Cooperation and Economic Cooperation (hereinafter referred to as the Ministry of Foreign Trade and Economic Cooperation).

    Anti-dumping refers to the measures taken to resist the dumping of foreign goods in the domestic market.

  3. Anonymous users2024-02-10

    First, the concept is different:

    Anti-dumping is aimed at dumping, which refers to the act of exporters in one country or region selling their products to the market of another country at a lower price than the normal or average ** or even lower than the cost ** in the domestic market. Anti-dumping is aimed at countermeasures against a certain dumping product from a specific country or region;

    Countervailing is a subsidy for a product that is financially supported by a member country** or any public authority;

    Safeguards, on the other hand, are specific to specific products and not to specific countries, regions, and companies;

    Turn left|Turn right.

    Second, the applicable conditions are different:

    Conditions for the implementation of anti-dumping measures: dumping at low prices, causing substantial injury to the importing country. Suitable for:

    The specific forms of implementation of unfair or unfair competition: cash deposits, commitments, letters of guarantee, and finally the corresponding taxes. Implementation period:

    Not more than 4 months, which can be extended to 9 months in special circumstances.

    Conditions for the implementation of countervailing measures: due to **subsidy**.

    competitive advantage, which caused substantial damage to the importing country. Applies to: Unfair** or unfair competition.

    The specific form of implementation: cash deposit, ** commitment, letter of guarantee, and finally the corresponding taxes. Implementation period:

    Not more than 4 months (cannot be extended).

    Safeguards are subject to a surge in the volume of imports that crowds out the market share of the importing country and causes substantial harm to the importing country. Suitable for:

    Numbers have skyrocketed under fair conditions. Specific forms of implementation: imposing additional tariffs, imposing quota quantity restrictions, or finally imposing tariffs or imposing tariff quotas.

    Implementation period: Temporary safeguard measures shall not exceed 200 days, generally not more than 4 years, and may be extended up to 10 years.

    Turn left|Turn right.

    Third, the international rules are different:

    Anti-dumping regime: Article 6 WTLO Anti-dumping Agreement of 1994 GATT;

    Countervailing regime: Article 6 of the 1994 GATT WTO Subsidies and Countervailing Agreements;

    Safeguard system: Article 19 of the 1994GATT WTO Safeguards Agreement;

    Fourth, the scope of implementation is different:

    Anti-dumping regime: discriminatory, i.e., anti-dumping only on specific products in a specific country;

    Countervailing regime: the serve is discriminatory, i.e., countervailing only for specific products in specific countries;

    Safeguard system: non-discriminatory, with safeguards for the same product exported by all countries;

    Fifth, initiating an investigation is different:

    Anti-dumping regime: there must be a domestic enterprise or a consortium of enterprises;

    Countervailing regime: the application must have a domestic enterprise and a consortium of enterprises;

    Safeguard measures system: the application can be applied by enterprises and institutions, or it can be directly investigated by ** when there is no enterprise application;

  4. Anonymous users2024-02-09

    To put it simply, dumping means that the ** of imported goods is far lower than the average of the importing country, and it is easy to have an impact on other such commodities in the importing country. This is also the case with subsidies from exporting countries, where exporting countries subsidize or rebate exported goods, so that the goods can be exported at a lower level, which will have an impact on the importing country.

    Anti-dumping and countervailing are both in order to restrict the import of such commodities and maintain their own production enterprises of such commodities, imposing higher tariffs on such imported goods, raising their ** and restricting their imports.

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