The trade war between India and the United States intensified further as New Delhi has approached the World Trade Organization (WTO) against the US for imposing import duties on certain Indian steel products, reports Business Line. According to a posting on the WTO’s website on April 12, India requested consultations with the US under the dispute settlement [...]
Ostensibly, the good news in making moves to end zeroing practices for good (as we outlined in Part One of this post) is that our trading partners won’t be docking US exports with retaliatory fees, which makes the likes of the United Steel Workers (not to mention domestic steel producers exporting their products) happy: “One [...]
Remember zeroing? The controversial US practice in figuring antidumping violations that’s been frowned upon by the World Trade Organization (WTO), and has made trade enemies of certain US industries in the eyes of Japan, the European Union, and a host of other nations? Well, that practice has likely met its demise, finally, based on the [...]
Steel plate mills operating here in the US appear to have gotten just a little bit more help from the International Trade Commission (ITC). The ITC voted unanimously to essentially extend tariffs on imported steel plate from Korea, Indonesia and India. “Revoking the existing antidumping and countervailing duty orders on cut-to-length carbon-quality steel plate from [...]
Continued from Part One. In another twist, the Chinese are looking to bring their own case against the US in what appears on the outset as a somewhat self-defeating act. Beijing is considering sanctioning a trade case against US producers of polysilicon, the raw material for stage 1 of the process (mentioned in Part One). The [...]
Few sunny days ahead for US solar manufacturing industry. Source: solarenergyfact.org You may believe it was inevitable. Sooner or later, production of what is essentially a commodity item like photovoltaic solar panels would prove uncompetitive in Western markets as low-cost emerging markets reached critical mass and, in something of a downturn, flooded the market at [...]
A recent editorial in the New York Times on China and currency manipulation caught our eye, and based on the topic and the news headlines surrounding it, it certainly caught Beijing’s eye as well. The Right Way to Go About It? The US Senate is currently debating the Currency Exchange Rate Oversight Reform bill, a [...]
To use a phrase recently turned into a headline by the Economist, the “sorry state of American trade” may get worse before it gets better. It seems US manufacturing, including the steel industry, is fighting an uphill battle on many international trade issues these days. Conflicting reports of US exports don’t help, either. For example, [...]
