China Probes US, EU, Taiwan, Japan POM Imports Amid Escalating Trade Tensions
May 21, 2024![China Probes US, EU, Taiwan, Japan POM Imports Amid Escalating Trade Tensions](https://cdn.brief.news/images/stories/751b204d3813c1f89b004f7abf7f260e66bd3f14906045e2de97b0bb26e8ea490cee4b5331d43070935de4168fd96e5a87dc6f58a2d6e25e41cbd4e75324b913.jpg)
China's Ministry of Commerce has initiated an anti-dumping investigation into polyoxymethylene copolymers (POM) from the US, EU, Taiwan, and Japan.
The investigation is a response to trade barriers imposed by these countries, reflecting escalating global trade tensions.
The US tariffs on Chinese imports and EU scrutiny of Chinese steel have significantly contributed to these rising tensions.
The investigation could last over a year and aims to address concerns about heavily subsidized Chinese products threatening national industries.
China defends its innovation and government support, countering criticisms of overcapacity and subsidies.
The ongoing trade war, President Joe Biden's maintenance of tariffs, and China's dominance in green tech have further strained US-China relations.
The EU has also launched its own investigations into Chinese products, adding to the international trade friction.
Tensions between China, Japan, and Taiwan continue to persist.
Interested parties have a 20-day window to participate in the investigation, indicating the significant impact of these measures on various industries and economies.
Summary based on 7 sources
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Sources
![China Hits Out in All Directions After US and Allies Ramp Up Trade War](https://cdn.brief.news/images/links/1e4fab9d3ced7a786564829f99e746f6bb521bcc8295e6bfa56356b0b215e98e6ddcdc7573cf92d8be7b04a2b2cebb99518030359924f1d81b9d525ed96b9443.jpg)
Newsweek • May 20, 2024
China Hits Out in All Directions After US and Allies Ramp Up Trade War![China launches anti-dumping probe into EU, US, Japan, Taiwan plastics](https://cdn.brief.news/images/links/ff1d4031f55e09b2a1d0b52acaef7e9ae2040d60d20e126a8aadd657d5b2afd0a14416f9efe6df8ab06e9d7e40e5a1dd3ee13ea680d04ece0396c725b8b23b53.jpg)
Voice of America (VOA News) • May 19, 2024
China launches anti-dumping probe into EU, US, Japan, Taiwan plastics![China launches anti-dumping probe into EU, US, Japan, Taiwan plastics](https://cdn.brief.news/images/links/7f44f3564704bd6e4ae59b73a93a113eaadab6dd74e6a4db0b210d7bbbc1e6b6b44d1a9ce0f1077d75307bccf031737ef563722e177fda34f7c5aadcb26e1603.png)
The Indian Express • May 19, 2024
China launches anti-dumping probe into EU, US, Japan, Taiwan plastics