• Categories
  • Archives

Chinese pencils, garlic, fans… Brazil Bars This and Much More

China suffers the largest number of trade protection measures applied by Brazil. 12 of the 48 measures currently in effect are against China.

The industrial sectors protected against what Brazil considers unfair Chinese trade practices are: fans, locks, garlic, black and colored pencils, new bicycle tires, mushrooms, magnets, barium carbonate, metallic manganese, powdered manganese, and thermos bottles.

In all of these cases, Brazil applies anti-dumping measures against products that the Chinese sell below their market value. In other words, products they sell abroad for less than what they cost on the local market.

The safeguard measures are also invoked to protect domestic industrial sectors damaged by the excessive entry of imported products. Import restrictions may take the form of quotas or increased import duties.

At the present time the only Brazilian industrial sector protected by safeguards is the toy sector, which has safeguards in effect against all countries, including China, until June of this year.

The general safeguards agreement allowed by the World Trade Organization (WTO) does not admit safeguards directed against a single country. In addition, the WTO prohibits voluntary restrictions.

Nevertheless, when the trade partner is China, these rules don’t apply. When China jointed the WTO in 2001, its accession protocol took into account the possibility of trade defense measures directed exclusively against China.

The document also determines that China will take the necessary steps to prevent or correct "market disorganization" caused by its exports.

Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian Journalist Hit by Home-Made Bomb. Political Motive Suspected

France-based international NGO dedicated to defend freedom of the press Reporters Without Borders (RSF) ...

Brazil and Portugal Join Forces to Sell the World Green Fuel

A joint venture between the Brazilian oil company Petrobras and the Portuguese Galp for ...

At Least 40 Indians Murdered in Brazil in 2006. Most of Them by Other Indians

A preliminary survey of murders of indigenous people in 2006 carried out by Brazilian ...

An "F" in Brazilian History

How quickly do we forget. One of Brazil’s largest newspapers opened its columns to ...

While Weaning Out of Bolivia’s Gas Brazil Considers the Middle East

Brazilian oil giant Petrobras is studying the possibility of building units for the conversion ...

Brazil Has Already Slaughtered 34,000 Cattle Due to Foot and Mouth Disease

Starting yesterday, May 1st, cattle breeders in 14 states and the Federal District (DF) ...

Brazil’s Petrochemical Braskem Gets Net Half a Billion Dollars Thanks to Exports

Braskem, a Brazilian company that is the leader in the production of thermoplastic resins ...

Brazil and Mercosur Create Their Own Mini World Bank

Energy, infrastructure, human rights and support for Bolivian democracy were among the main issues ...

Brazil President Advises His Countrymen: Keep on Shopping

Brazilian President, Luiz Inácio Lula da Silva, said that no work in the Growth ...