Home>News Center>China
       
 

House okays bill aimed at subsidized China goods
(Agencies)
Updated: 2005-07-28 06:49

The U.S. House of Representatives voted 255-168 on Wednesday to give U.S. manufacturers a new defense against subsidized imports from China, but the bill faced an uncertain fate in the Senate.

The U.S. Trade Rights Enforcement Act also would require the Treasury Department to report every six months on the impact of recent changes China made to its currency policy in an attempt to keep up pressure on that front.

Republican leaders backed the bill to persuade trade-wary party members from industrial states like Ohio or Michigan to vote for the U.S.-Central American Free Trade Agreement, or CAFTA, also expected to come up for a vote on Wednesday.

It would allow U.S. companies to seek duties against subsidized imports from China and other non-market economies. That is a priority for many U.S. manufacturers who say they are being driven out of business by unfair Chinese trade practices.

But the Bush administration has been cool to the idea because the Chinese government involvement in the economy is so prevalent it is difficult to determine what subsidies companies have received. In addition, U.S. firms can already seek duties on "dumped" Chinese goods sold below fair-market value.

Many House Democrats belittled the bill as a cosmetic measure to round up votes for CAFTA.

They said certain provisions would actually weaken the ability of companies to use U.S. trade laws against subsidized imports instead of strengthening it.

"I think it's an inconsequential bill. ... It will certainly not hold China accountable," said Rep. Ben Cardin, a Maryland Democrat. "It will not help companies that are hurt by (imports of) subsidized manufactured products."

Republicans accused Democrats of playing politics on the issue and attempting to scuttle the CAFTA vote by blocking efforts to approve the trade rights bill on Tuesday.

"This is very much a mainstream initiative that is designed to show the strongest possible support in this chamber for challenging China on its mercantilist trade policies," said Rep. Phil English, a Pennsylvania Republican who is backing CAFTA after House leaders embraced his trade legislation.

Senate Democratic Leader Harry Reid called the House bill a "sham" because it was unlikely to become law. "There is little prospect that the legislation will move anywhere in the Senate," Reid said.

The bill also puts pressure on the Bush administration to bring a World Trade Organization case if Beijing does not crack down on piracy and counterfeiting of American products or open its market to more U.S. goods and services.

Other sections urge the U.S. Trade Representative's office to appoint a chief trade law enforcement officer and insist that any new world trade pact preserve the United States' right to take action against subsidized or dumped imports.



Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News
 

Australia, US, Japan praise China for Asia engagement

 

   
 

Banker: China doing its best on flexible yuan

 

   
 

Hopes high for oil pipeline deal

 

   
 

Possibilities of bird flu outbreaks reduced

 

   
 

Milosevic buried after emotional farewell

 

   
 

China considers trade contracts in India

 

   
  EU likely to impose tax on imports of Chinese shoes
   
  Bankers confident about future growth
   
  Curtain to be raised on Year of Russia
   
  Coal output set to reach record high of 2.5b tons
   
  WTO: China should reconsider currency plan
   
  China: Military buildup 'transparent'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 交换韩国伦理片| 国产精华av午夜在线观看| 中文字幕免费在线| 日韩高清电影在线观看| 亚洲第一成年免费网站| 精品久久久久久亚洲精品| 国产jizzjizz免费看jizz| 高潮抽搐潮喷毛片在线播放 | 精品国产午夜理论片不卡| 国产乡下三级全黄三级bd| 国产亚洲sss在线播放| 国产精品嫩草影院人体模特| 99精品视频在线观看免费播放 | 亚洲欧美日韩中文无线码| 男人操女人视频网站| 午夜精品久久久久久久| 色综合色综合久久综合频道| 国产在线一区二区视频| 免费足恋视频网站女王| 国产精品亚洲专区无码不卡 | 男人把女人c爽的免费视频| 午夜激情福利视频| 美女黄频免费网站| 国产三级三级三级三级| 青娱乐精品在线| 国产又粗又猛又爽又黄的免费视频| 国产在线播放你懂的| 国产熟睡乱子伦视频| 800av在线播放| 国产精品久久久久久搜索| 2021国产麻豆剧果冻传媒电影| 国产韩国精品一区二区三区| 97国产在线视频公开免费| 国内精品福利在线视频| 97精品伊人久久久大香线蕉| 夜夜嗨AV一区二区三区| 99视频免费在线观看| 在线观看黄色毛片| 99久久精品费精品国产一区二区| 天堂一区二区三区精品| 99精品国产在这里白浆|