In terms of counter - subsidies, the US Department of Commerce ruled a tax rate of 11.19% against Jiangsu Jianghuai Engine Co., Ltd. and other Chinese producers/exporters. For non - cooperative companies such as China GTL Tools Group, Ltd. and Chongqing Dajiang Power Equipment Manufacturing Co., Ltd., the tax rate is as high as 206.57%. This ruling involves a wide range of Chinese companies from Ningbo Jugang Machinery Manufacturing Co., Ltd. to Zhejiang Zhinanche Cleaning Equipment Co., Ltd.
At the same time, the US Department of Commerce also made an affirmative final anti - dumping ruling on internal combustion high - pressure cleaners imported from China. Jiangsu Jianghuai Engine Co., Ltd. and other Chinese producers/exporters were ruled a dumping rate of 274.37%, while Jiangsu Sumec Co., Ltd. and Zhejiang Danong Machinery Co., Ltd. face a dumping rate of 189.52%.
These rulings are part of the anti - dumping and anti - subsidy investigations carried out by the US Department of Commerce on internal combustion high - pressure cleaners from China and Vietnam since the beginning of 2023. Since the investigation was launched on January 20, the US Department of Commerce made affirmative preliminary anti - subsidy and anti - dumping rulings on May 31 and July 31 respectively.Hardware & ToolsThe US International Trade Commission (ITC) is expected to make a final determination of industry damage on these final rulings on February 1, 2024. These decisions will have a profound impact on Chinese internal combustion high - pressure cleaner manufacturers and may lead to significant adjustments in the international trade pattern. This move not only affects the companies involved but also the global internal combustion high - pressure cleaner market.
Against the backdrop of the continuous changes in the global economy, this move by the US may further exacerbate the trend of trade protectionism and affect the stability of the global trade environment. At the same time, it may also prompt other countries to take similar measures for similar products, thus having a chain reaction on international trade.
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The US Makes Affirmative Final Anti - subsidy and Anti - dumping Rulings on Chinese Internal Combustion High - pressure Cleaners
Original announcement:Final Affirmative Determinations in the Antidumping and Countervailing Duty Investigations of Gas-Powered Pressure Washers from the People’s Republic of China
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