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The rising tide of trade protectionism that has emerged in the world is causing China, the world’s third-largest trading entity, and the second-largest exporter country to suffer.
Yao Jian, spokesman of the Ministry of Commerce, said recently that after the financial crisis, some countries and regions have proposed to expand their exports to promote economic recovery as soon as possible, even through substantial depreciation of local currency and increase in various forms of subsidies. Means to improve the competitiveness of domestic products. At present, 35% of global anti-dumping investigations and 71% of countervailing investigations target Chinese exports. In the first three quarters of this year, 19 countries initiated 88 trade remedy investigations on Chinese products, involving a total of 10.2 billion U.S. dollars, an increase of 29% and 125% year-on-year respectively.
"Especially the United States." Yao Jian said. According to statistics, from January to September this year, the United States launched 14 trade remedy surveys against China, involving a total of 5.84 billion U.S. dollars, which was a substantial increase of 639 percent year-on-year.
Since China has already launched a "double anti-" investigation on imported cars from the United States, it is very likely that imported cars from the United States will experience price increases. The reporter learned yesterday from a number of imported automobile dealers such as the Auto Expo Center and the Trading Company that due to the fact that it is still in the initial stage of the investigation and it is still a long time before the punitive tariffs are actually implemented, the city has not yet appeared to rush to purchase American cars. The price is still stable.
The investigation comes from the trade war between the two countries
It is understood that on September 9 this year, the Fair Trade Bureau of the Ministry of Commerce officially received an application for anti-dumping and countervailing investigations filed by the China Automobile Industry Association on behalf of the domestic automobile industry, requesting a displacement of 2.0 liters and 2.0 liters from the United States. The imported cars and SUVs conduct "double reverse" investigations. The application submitted by the China Automobile Association believes that dumping occurred in the United States imported products and caused damage to the domestic automobile industry.
In fact, as early as September when the United States announced the imposition of punitive tariffs on Chinese tires, the Ministry of Commerce stated that it will launch a "double counter" investigation procedure for some American cars, but it has not announced its implementation. In the first two days, the US Department of Commerce initially ruled that anti-dumping duties of up to 99.14% should be imposed on oil well pipes imported from China. Therefore, the industry believes that the Ministry of Commerce announced the formal launch of the “double counter†investigation on some American cars, which is a response to the above ruling by the US Department of Commerce.
May double the tariff
According to statistics, at present, China's imports of cars from the United States mainly come from the three major US auto giants, namely General Motors, Ford and Chrysler vehicles. Among them, Chrysler imported the largest number of vehicles, more than 20,000 each year, and the United States exports to China a year the number of cars is roughly 42,000. In the first half of this year, China’s cumulative import of 145,000 vehicles was down 31.4% year-on-year.
A person in charge of the Chongqing Automobile Expo Center believes that the prices of the “Double-Counter†survey models are generally more than 300,000 yuan in China, most of which belong to mid- to high-end models imported from the United States. At present, China's tariff on imported vehicles is 25%. If anti-dumping duties are levied on American cars, tariffs will be at least doubled. Taking the 3.6KL flagship model of the general biekeangkele as an example, the current market price is 599,000 yuan. If the anti-dumping tax is levied by 25%, it will at least increase the price by 119,000 yuan and the market price will reach 718,000 yuan.
He believes that the US car originally lacks a price advantage. If anti-dumping tariffs are levied, it will inevitably cause the price of such models to rise. Consumers may choose to buy European and Japanese cars, but also will drive the sales of domestic high-end models. Reporter Liu Bin
The American car currently sold in our city
Ford: Pilot, Wing Tiger, etc.
GM: Buick Encore, Cadillac CTS, Saab, Puma;
Chrysler Corporation: Grand Cherokee, Commander, Wrangler, Guide, Dodge, PT Cruiser
View related topics: China and the United States tire special security case
China's launch of "double anti-" investigation of American cars may have to increase prices