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Deceptive Trade With China In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-000289
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For these reasons, the only way to likely avoid paying the Section 301 duties on Chinese-origin products imported into an FTZ is to export the products from the FTZ or manufacture a product in the FTZ that subsequently is exported from the United States.
China is a major economic partner of the U.S. but engages in unfair trade practices. These practices include trade in illicit goods, use of forced labor, and theft of sensitive technologies—which can all harm the U.S. economy. As China's economic power grows, federal agencies can act to better protect the economy.
Section 301 provides a statutory means by which the United States imposes trade sanctions on foreign countries that violate U.S. trade agreements or engage in acts that are “unjustifiable” or “unreasonable” and burden U.S. commerce.
For the first time, investors are able to trade the SSE 50 ETF options, a new investment instrument for diversification, volatility trading, and risk management. This paper analyzes the implied volatility (IV) curve of the SSE 50 ETF options, the first equity options market in mainland China.
"Unfair competition" in this Law refers to acts of operator which contravene the provisions of this Law, damage the lawful rights and interests of other operator, and disturb the socio-economic order.
Misrepresentation Representing that goods or services are of a particular quality, style or model if that representation is untrue. Making false or misleading statements about the condition of used goods. Representing goods as new when they are used, deteriorated, altered or reconditioned.
The U.S.-China trade relationship raises many issues—concerns about the deficit, the impact of China's subsidized exports on U.S. industry and jobs, and risks to economic and national security.
China currently prohibits the importation of remanufactured products, which it typically classifies as used goods. China also maintains a general import prohibition that prevents remanufacturing process inputs (cores) from being imported into China's customs territory other than to its special economic zones.
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China is a major economic partner of the US but engages in unfair trade practices. Congress should expand the law to better address the unfair trade practices China uses to capture market share in advanced industries at America's expense.United States retains the flexibility to seek recourse for foreign unfair trade practices in the WTO or under Section. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. China is also flooding global markets with artificially lowpriced exports. The Administration will continue to encourage China to allow for fair trade with the United States. US trade chief recommends higher tariffs to address China's 'unfair' practices. By Andrea Shalal and David Lawder. Over the past several years, China has exploited the globalized system for its own gain.