The anti-dumping trade policy implemented by the United States to Chinese furniture manufacturers is becoming a profit for some American furniture manufacturers and their lawyers. The Wall Street Journal reported on the 15th that since 2006, some US furniture manufacturers have requested the US Department of Commerce to review the tariffs paid by Chinese manufacturers on wooden bedroom furniture every year. Many Chinese companies have agreed to pay cash to US competitors in just a few months each year in order to remove them from the review list due to concerns that tariffs will increase significantly. Facilitate cash to seek "tax avoidance" The US trade law allows US companies that have been subject to dumping damage to submit a list of Chinese exporters to be reviewed annually to the Department of Commerce. The US Department of Commerce has up to 18 months to decide whether a higher tax rate should be imposed on the listed companies. Most of the furniture produced by a Guangdong-based manufacturer of high-end Italian furniture is sold to the United States. According to the person in charge, once responding, the company must submit a large number of responding materials and provide relevant evidence, including: the company's business license, the company's articles of association, the company's organizational chart, the balance sheet and profit and loss statement of the past two years, and related Complaint about the product's production capacity, output, sales volume (including domestic sales) and export volume over the past 3-5 years. Therefore, in order to avoid tedious response procedures and possible high tariffs, Chinese furniture manufacturers are generally willing to pay cash to American competitors for settlement. "Smart blackmail" Attorney William Silverman, an attorney for American furniture retailers, told a US International Trade Commission hearing last October that people in the furniture industry in the United States and China understood that the money was a smart blackmail. Peter Koenig, a Washington lawyer who represents Chinese manufacturers, said many companies have to settle privately because if they reconsider, the tariff levels they face will be uncertain. The tariffs are set back in the past, which means that the exporters' unpaid tariffs within one to two years after furniture exports may surge sharply. Two of the six US International Trade Commission commissioners expressed concern about the money. Commissioner Charlotte Lane said at a hearing in October last year that she was very worried about such a settlement, and said that she could not understand how this was legal throughout her life. Another commissioner, Daniel Pearson, said that such settlements have created additional costs and distortions in the furniture trade, and there is no evidence that these distortions are of any benefit to the entire industry, American consumers, and US taxpayers. A spokesman for the US Department of Commerce said that the Department of Commerce does not approve of private settlements, but lacks the power to investigate and monitor agreements reached by all parties. Former U.S. Deputy Secretary of Commerce Frank Lavin suggested that the U.S. government make rules to prevent such gray behavior. In fact, anti-dumping tariffs have not prevented furniture imports. The US International Trade Commission found that in 2009, imported furniture accounted for 78% of the US $ 3.4 billion worth of wooden bedroom furniture sold in the United States. In 2001, this proportion was only 44%. However, the implementation of tariffs has promoted the transfer of most furniture production from China to Vietnam. At present, the United States has not implemented anti-dumping tariffs on Vietnam. American Wire Fence,Temp Fencing Panels,Temporary Fence Stakes,Temp Fence Panels For Sale Anping County Kairong Wire Mesh Products Co., Ltd. , https://www.krmeshfence.com
According to a report by the US International Trade Commission in November last year, in order to avoid annual re-examination, from 2006 to 2009, Chinese companies paid about US $ 13 million to 20 US producers; The Trade Commission said that these payments were legal and that a larger sum of money had been used to pay their lawyers.
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