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Economic and Trade friction Warning Information Bulletin (368)

Update time:2023/11/13 Number of page views: 238

>>Trade frictions against China

贸促20230674号预警信息The United States International Trade Commission made the fourth anti-dumping sunset review of the folding gift box industry damage final ruling

October 26, 2023,The United States International Trade Commission (ITC) has made the fourth anti-dumping sunset review of Folding Gift Boxes imported from China,Order if the existing anti-dumping measures are lifted,Within a reasonably foreseeable period,The material damage to the domestic industry caused by the import of the products in question may continue or recur。According to the final ruling, the existing anti-dumping measures in this case continue to be effective。

贸促20230675号预警信息The United States made a preliminary anti-subsidy ruling on paper shopping bags

October 31, 2023,The US Department of Commerce announced a positive preliminary anti-subsidy ruling on Paper Shopping Bags imported from China and India,初步裁定:(1)中国大陆出口商/生产商的补贴率如下:大连东正纸袋制品有限公司(Dongzheng Paperbag (DaLian) Factory)为12.43%, Fujian Nanwang Environment Protection Scien-TechCo., Ltd.) and its subsidiaries are 13.96%,Bagitan Packaging、常州安巨诚进出口有限公司(Changzhou Anjucheng)、Courage Packaging、Evertrust Packaging、Geotegrity EcoPack、Grand Intelligent、Li & Qindao Chenyu Packaging Co., LTD., Ltd.), Shanghai Macolink Supply Chain Management Co., LTD., Ltd.Shanghai Shanxi Paper Co., LTD., Ltd.Xiamen C Paper Co., LTD&D Pulp & Paper Co., Ltd.), Xiamen Champion FMCG, Xiamen New Idea Packaging Co., LTD., Ltd.Xiamen Wonderful Bag Import and Export Co., LTD., Ltd.)均为144.03%, all other exporters/producers were 13.84%。(2) The subsidy rate for Indian exporters/producers is 2.37%~5.00%。The U.S. Department of Commerce is expected to make a final countervailing ruling on March 11, 2024。This case involves United States Harmonized Tariff Number 4819.30.0040和4819.40.Products under item 0040。

贸促20230676号预警信息Turkey made the first anti-dumping sunset review of China hot rolled steel plate final ruling

October 31, 2023,The Ministry of Trade of Turkey issued Notice No. 2023/29,The first anti-dumping sunset review of hot rolled steel plates originating in China (Turkish: s f cak haddelenmi h rulo halinde olmayan yass F celik (kal f n levha) was made positive and final,The anti-dumping duties determined in the original and final adjudication shall remain unchanged,其中,Jiangyin Xingcheng Special Steel Works Co., LTD.Ltd.The tax rate is 16.89%, compared with 22% for other Chinese companies.55%。The measures shall take effect from the date of publication of the announcement and shall be valid for five years。

贸促20230677号预警信息The United States and Canada have imposed recalls on Chinese-made woodworking lathes

On November 2, 2023, the U.S. CPSC and Health Canada announced a recall of Chinese-made woodworking lathes。The recalled products are Grizzly Industrial and Shop Fox woodworking lathes。The product models are G0584 and G0462, and the dimensions are 62*14 respectively.5*45.Five inches and 72.5*19*48英寸。The cutting tool of the product may break and strike the user and bystanders, posing a risk of injury。

The recalled products are inSold between February 2005 and January 2023, about 21,300 units were sold in the United States and about 60 in Canada for $400- $1,550。So far, there have been four reports of knives breaking, including one minor injury。

CPSC and Health Canada recommend discontinuing use of the product immediately and contacting Grizzly Industrial for a free repair。

贸促20230678号预警信息Canada has issued a recall of Chinese-made baby pillows

On November 3, 2023, Health Canada announced a recall of baby pillows made in China。The products involved in this case are Oak Leaf baby feeding and nursing pillows。The product is a portable breastfeeding pillow with a size of 45cm× 27cm × 5cm (17.7 英寸× 10.6 英寸×1.9 inch), GTIN 09331526073959。Canadian law prohibits the use of these products, which pose a choking risk to infants, and Health Canada discourages infants from eating unattended food。

The recalled products are inFrom June to September 2021, about 19 units were sold。As of November 1, 2023, no accidents or casualties have been reported。

Health Canada recommends immediate discontinuation of use of this product。

>>Global economic and trade trends

贸促20230679号预警信息Poland's monetary policy committee has left interest rates unchanged

Local timeOn November 8, at the end of a two-day monetary policy meeting, the Polish Monetary Policy Committee announced that the National Bank's main interest rate (reference rate) would remain at 5.75% unchanged, the Lombard rate is still 6.25%, the deposit rate is still 5.25%, the rediscount rate is still 5.80%, the discount rate is still 5.85%。

Poland's monetary policy committee has cut interest rates twice this year。Once was inIn September, cut rates by 75 basis points;The second, in October, cut rates by 25 basis points。