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Trade Barriers and China

Author : Martha B. Kessler
Publisher :
Page : 0 pages
File Size : 18,35 MB
Release : 2008
Category : China
ISBN : 9781604566864

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China has taken significant and often impressive steps to reform its economy since acceding to the WTO. During this period, China has repealed, revised or enacted more than one thousand laws, regulations and other measures in an effort to bring its trading system into basic compliance with WTO standards. China has also taken steps to implement numerous specific commitments pursuant to schedules set forth in its WTO accession agreement. Each year, China has made annual reductions in its tariff rates, eliminated non-tariff barriers, expanded market access for foreign services providers and improved transparency. All of these steps were designed to deepen China's integration into the international trading system, as well as to facilitate and strengthen economic reforms that China had begun 20 years earlier.

China, Europe, and the Use of Standards as Trade Barriers

Author : United States. Congress. House. Committee on Science. Subcommittee on Environment, Technology, and Standards
Publisher :
Page : 146 pages
File Size : 47,56 MB
Release : 2005
Category : Technology & Engineering
ISBN :

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China's Trade with the United States and the World

Author : Thomas Lum
Publisher : CreateSpace
Page : 52 pages
File Size : 29,49 MB
Release : 2013-07
Category :
ISBN : 9781491080030

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As imports from the People's Republic of China (PRC) have surged in recent years, posing a threat to some U.S. industries and manufacturing employment, Congress has begun to focus on not only access to the Chinese market and intellectual property rights (IPO) protection, but also the mounting U.S. trade deficit with China as well as allegations that China is selling its products on the international market at below cost (dumping), engaging in "currency manipulation," and exploiting its workers for economic gain. Members of the 109th Congress have introduced several bills that would impose trade sanctions on China for intervening in the currency market or for engaging in other acts of unfair trade, while the Bush Administration has imposed anti-dumping duties and safeguards against some PRC products and pressured China to further revalue its currency and remove non-tariff trade barriers.

Introduction to Business

Author : Lawrence J. Gitman
Publisher :
Page : 732 pages
File Size : 42,76 MB
Release : 2018
Category : Business
ISBN : 9781947172555

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Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.

China-U.S. Trade Issues

Author : Wayne M. Morrison
Publisher :
Page : 28 pages
File Size : 16,22 MB
Release : 1998
Category : China
ISBN :

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Understanding Tariffs and Trade Barriers

Author : Avery Elizabeth Hurt
Publisher : Cavendish Square Publishing, LLC
Page : 80 pages
File Size : 16,98 MB
Release : 2019-07-15
Category : Young Adult Nonfiction
ISBN : 1502646129

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A renegotiation of NAFTA and a trade war with China have kept tariffs and trade agreements in the news in the early twenty-first century. Tariffs, trade barriers, and the potential consequences of both are complex. This book presents a difficult subject in a straightforward and interesting manner. The use of historical and cultural tidbits, such as how the press ridiculed the embargo of 1870 by referring to it as "O grab me!" which is embargo spelled backward, will delight readers. They'll learn how South Carolina threatened to secede from the Union over tariffs in 1832, almost thirty years before it actually did secede. A discussion of the theory and history of tariffs and trade barriers puts the concept in context, while recent examples illuminate how they work in practice.

Non-Tariff Barriers in the U.S.-China Trade War

Author : Tuo Chen
Publisher :
Page : 0 pages
File Size : 20,49 MB
Release : 2022
Category :
ISBN :

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We use Chinese customs data to show that unofficial non-tariff barriers were responsible for 50\% of the overall reduction in Chinese imports from the U.S. during the height of the U.S.-China trade war in 2018 and 2019. We infer non-tariff barriers from the change in imports of U.S. products relative to imports from other countries of the same HS-6 product, after controlling for the change in the relative price of U.S. imports to the same product sold by other countries. These barriers were imposed on a small number of agricultural products, did not apply to state-owned importers, and were larger for products where the share of state importers in total imports of the U.S. product was large. Non-tariff barriers were responsible for more than 90\% of the welfare cost to Chinese consumers of the U.S.-China trade war. The welfare loss to China of a given reduction in imports from the U.S. from non-tariff barriers is about six times larger than an equivalent import decline due to higher tariffs. Non-tariff barriers are more costly compared to tariffs because they applied to some importers and not others, which results in misallocation, and because non-tariff barriers do not generate revenues.

Crs Report for Congress

Author : Congressional Research Service: The Libr
Publisher : BiblioGov
Page : 22 pages
File Size : 31,70 MB
Release : 2013-10
Category :
ISBN : 9781293025550

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U.S.-China economic ties have expanded substantially over the past several years. Total U.S.-China trade rose from $5 billion in 1980 to an estimated $231 billion in 2004. China is now the third-largest U.S. trading partner, its second-largest source of imports, and its fifthlargest export market. With a huge population and a rapidly expanding economy, China is becoming a large market for U.S. exporters. Yet, U.S.-China commercial ties have been strained by a number of issues, including a surging U.S. trade deficit with China ($162 billion in 2004), lax protection of U.S. intellectual property rights (IPR), widespread trade barriers, and China's pegged currency policy. China joined the World Trade Organization (WTO) in 2001. WTO membership requires China to eliminate or reduce an extensive array of tariff and non-tariff barriers on goods, services, and foreign investment. In December 2004, the U.S. Trade Representative (USTR) issued its third annual China WTO compliance report, stating that, while China's efforts to implement its WTO commitments have been "impressive," they remain "far from complete and have not always been satisfactory." Major areas of concern identified by the USTR's report include IPR protection, agriculture, services, industrial policies, trading rights and distribution, and transparency of trade laws. The ...