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Diane Publishing Books
U.S.-China Trade: Commerce Faces Practical and Legal Challenges in Applying Countervailing Duties
Loren Yager (au)
Some U.S. companies allege that unfair subsidies are a factor in Chinese success in U.S. markets. U.S. producers injured by subsidized imports may normally seek countervailing duties (CVD) to offset subsidies, but the U.S. does not apply CVDs against countries, including China, that the Dept. of Commerce classifies as “non-market economies” (NME). This report: (1) explains why the U.S. does not apply CVDs to China; (2) describes alternatives for changing this policy; (3) explores challenges that would arise in applying CVDs; & (4) examines the implications for duty rates on Chinese products. Includes recommendations. Charts & tables.
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