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China

(Daily News)
August 31, 2010

In a closely followed decision that could fuel support for legislation targeting China's currency when Congress returns next month, the U.S. Commerce Department announced today (Aug. 31) that it will not investigate petitioner claims that China's undervalued currency functions as a subsidy because any benefit it provides is not specific to the enterprise or industries under investigation.


(Daily News)
August 30, 2010

House Ways and Means Committee Chairman Sander Levin (D-MI) last week said his committee's hearing on China currency next month will examine the fact that the value of the renminbi against the dollar is virtually unchanged since a Chinese government pledge to allow its currency to float more freely in relation to the dollar.


(Inside U.S. Trade)
August 27, 2010
As part of its package of trade remedy changes, Import Administration yesterday (Aug. 26) proposed seven changes to its practices in cases involving imports from non-market economies (NMEs) that likely will increase antidumping and countervailing duty margins on China.
(Inside U.S. Trade)
August 27, 2010
U.S. start-up Steel Development Co. (SDC), which is seeking to attract investment for a new plant manufacturing reinforced steel bar, continues to work with China's Anshan Iron and Steel Group to lock in the necessary financing, despite public statements by Anshan that it is backing away from a deal, according to a company statement.
(Daily News)
August 23, 2010

U.S. start-up Steel Development Co. (SDC), which is seeking to attract investment for a new plant manufacturing reinforced steel bar, continues to work with China's Anshan Iron and Steel Group to lock in the necessary financing, despite public reports that Anshan is backing away from a deal, according to an Aug. 19 statement.


(Inside U.S. Trade)
August 20, 2010

Reacting to press reports that China's state-owned Anshan Iron and Steel Group will postpone a planned investment in a U.S. start-up company producing rebar steel, the House Steel Caucus Vice Chairman Tim Murphy (R-PA) said that the domestic steel industry had been saved from what would surely have been unfair competition.

(Inside U.S. Trade)
August 20, 2010

The two main co-sponsors of the principal House legislative vehicle for penalizing imports from countries that undervalue their currencies this week stepped up their campaign to persuade the House leadership to permit a vote on the bill this fall.

(Daily News)
August 19, 2010

Reacting to press reports that China's state-owned Anshan Iron and Steel Group will postpone an investment plan in a U.S. start-up company producing rebar steel, the House Steel Caucus Vice Chairman expressed that domestic steel industry managed to avoid detrimental unfair competition.


(Inside U.S. Trade)
August 06, 2010

Eleven senators, including five members of the Finance Committee, this week urged President Obama to focus on trade enforcement as much as he does on increasing exports, highlighting the need to fight Chinese currency manipulation in pending trade remedy cases.

(Inside U.S. Trade)
August 06, 2010

Senate Finance trade subcommittee Chairman Ron Wyden (D-OR) and Sen. Olympia Snowe (R-ME) yesterday (Aug. 5) introduced a bill aimed at ensuring better enforcement of antidumping (AD) and countervailing duty (CVD) orders by giving the Commerce Department new authority to investigate transshipment and other forms of evading trade remedy duties, such as false classifications.

(Inside U.S. Trade)
August 06, 2010

The Office of the U.S. Trade Representative is examining whether to pursue a World Trade Organization challenge of antidumping and countervailing duties imposed by China against U.S. specialty steel makers, who have actively lobbied for such a challenge, according to informed sources.

(Daily News)
August 04, 2010

Senate Finance trade subcommittee Chairman Ron Wyden (D-OR) this week plans to introduce a bill aimed at ensuring better enforcement of antidumping (AD) and countervailing duty (CVD) orders, particularly involving products from China, by giving the Commerce Department new authority to investigate transshipment and other forms of evading trade remedy duties.


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