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Tariffs bill of American challenge global trade rules

Posted On : Oct-04-2010 | seen (412) times | Article Word Count : 563 |

According to xinhua Washington news, the U.S. house of representatives voted through the so-called underestimate to the national tax bill of special tariffs on 24.
According to xinhua Washington news, the U.S. house of representatives voted through the so-called underestimate to the national tax bill of special tariffs on 24. Part analysts believe that a bill is not favorable to Sino-US trade imbalance problem rationally. Phoenix connected MeiXinYu that the international trade researcher of China ministry of foreign trade in the first time. MeiXinYu says, itself is already disruptive challenge to the global trading rules, for various aspects, it is more harm than well, he did not think the bill can get through.

MeiXinYu in the phoenix nets said the U.S. mid-term election will be on, to create a stunt that to defend Americans employment opportunities, for them it is the regularity political, not to surprise. RMB exchange rate is taken in the United States is very normal, China don not give too much attention.

There are also have some criticism opinions abroad, because the influence of the independent innovation policy, China forces enterprise to carry out technical transfer when introducing foreign capital. Display virtue inscription is corrected for this kind of viewpoint: I may say clearly, the legal policy of Chinese Department of Commerce and China has never this strip. Chinese government has not asked specifically at the time of examining and approving foreign capital to throw to China for technical supervision. If need the technical transfer is decided by the enterprise itself. Sure when mutual cooperative negotiation, some Chinese enterprises ask the transfer of foreign capital at the same time, also can import of foreign talents, so it can raise enterprise competitiveness, this is the behavior between enterprise and enterprise under the market economy.

American Commercial Department announces that the trade deficit of July surrounds than decrease 14% considerably, which is about 42,800,000,000 dollars. The latter is obviously below the expectation of economist. According to the survey of Thomson Reuters, their average expectation of this is 47,300,000,000 dollars.

Among them, the U.S. trade deficit with China has narrowed to 25.92 billion U.S. dollars at the end of July and in June was 26.15 billion U.S. dollars. The trade deficit of July is less 200 million U.S. dollars than June.

In addition, recently, American companies instituted 337 investigations of grounding earth-fault breaker which from China and flash memory chips and its down-stream products, fujian, zhejiang, Shanghai and other cities all 5 companies were accused, predicted that the United States will put on record on October 3rd.

But the bill whether can get through, MeiXinYu thought that is low. He says, even the United States house of representatives passed the bill, also need President to sign. While President of Obama should realize that the bill, if implemented on American domestic consumption market and will take the enterprise global production system tremendous shock, also will eventually cause opposition from American domestic.

MeiXinYu even said, put forward and passed the bill is the largest and openly change to global trade system and trade rule. "If the country follow America and take this way to come trade protection, the WTO will not exist."

MeiXinYu says, even this special bill is extremely low, China must prepare for the worst. China shall prepare the corresponding measures to reduce shock if once the bill passed on China's export trade. wholesale electronics from best china electronics online store

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