Abolish tariffs on Chinese exports of rare earths, the United States put pressure on the success of admission
- Details
- Category: Rare Earth News
- Published on Thursday, 07 May 2015 15:23
Foreign media said the US Trade Representative Foluo Man May 4 statement on China to abolish export duties and quotas on rare earths, said that the Obama administration is committed to protecting the interests of American workers, and American rights, and once again that law enforcement can take strong trade and it has produced tangible results.
May 5, according to reports, China announced this year on May 1 has been canceled in violation of WTO rules rare earth export duties. Earlier this year, China also canceled the export quota for rare earths.
In August last year after the United States and other WTO appeal ruling partner countries, Chinese quotas and tariffs violated WTO rules on exports of rare earths.
US Trade Representative Foluo Man said that China's policy of forcing American manufacturers importing rare earths from China, must pay 300 percent higher than the cost Chinese competitors. Rare earths, tungsten, molybdenum, etc. It is important for the US manufacturing sector, the US production of hybrid car batteries, wind turbines, energy-efficient lighting, steel and advanced electronic equipment and many other products using these materials.
Foluo Man said, we will pay close attention to China's actions to ensure that these illegal policies and China in fact suspend full compliance with its obligations.
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