3.7 billion USD was involved in the 11 anti-dumping and nine anti-subsidy investigations, an increase of 131% from 2015. China suffered 140 trade remedy measures from the United States as of the end of 2016, including 102 anti-dumping and 38 anti-subsidy measures.
Recently, the US published a series of trade remedy rulings involving Chinese products, including truck and bus tires as well as stainless steel sheet and strip.
“Given that the trade scale between China and the US is huge, it is normal that trade frictions will occur,” said Wang Hejun, head of the MOC’s trade remedy and investigation bureau. “However, it is noticeable that the US is imposing high taxes on Chinese imports and many of its measures are against WTO rules.”
The ministry of commerce trade relief bureau Wang said that China hoped to work with the United States to solve trade friction through negotiation within the WTO framework for a win-win relationship.