Trump has gone, and the legacy is still there! Recently, the United States has acted more and more eagles.
On June 23, local time, the US Department of Commerce once again issued a trade blacklist against China on the grounds of violating the human rights of ethnic minorities in Xinjiang. The blacklist includes five Chinese entities:Hoshin Silicon Industry (Hoshine Silicon Industry), Xinjiang Daqo New Energy (Xinjiang Daqo New Energy), Xinjiang East Hope Nonferrous Metals (Xinjiang East Hope Nonferrous Metals), Xinjiang GCL New Energy Materials (Xinjiang GCL New Energy Material), Xinjiang Production and Construction Corps, etc. enterprise.
At the same time, according to a lawsuit filed in the District Court of New York, more than 50 Americans have accused Africa’s largest telecommunications company MTN Group and China’s ZTE Corporation for business dealings with the Islamic Revolutionary Guard Corps (IRGC). Organizing terrorist activities in neighboring Iraq to provide funding, weapons and other assistance, causing thousands of Americans casualties between 2011 and 2016.
In addition, the U.S. International Trade Commission (ITC) on Wednesday (23rd) determined that passenger car and light truck tires from Taiwan, South Korea, Thailand, and Vietnam caused “material damage” to domestic industry players and that the U.S. The Ministry of Commerce will issue an order to impose anti-dumping and countervailing duties on the four regions.
5 polysilicon manufacturers were blacklisted
A few days ago, foreign media reported that the United States would blacklist many polysilicon manufacturers in Xinjiang , I didn’t expect the action to come so fast.
On Wednesday (23rd) the US Department of Commerce once again issued a trade blacklist against China on the grounds of violating the human rights of ethnic minorities in Xinjiang. The companies included in the list include five companies including Hoshin Silicon Industry, Xinjiang Daqo New Energy, Xinjiang East Hope Nonferrous Metals, Xinjiang GCL New Energy Material, and Xinjiang Production and Construction Corps.
The United States’ international climate negotiator John Kerry told Congress last month that the United States is considering more sanctions, but did not specify whether this would involve a ban on solar imports. The Trump administration imposed a similar ban on imports of cotton and tomatoes from Xinjiang last year. From clothing retailers to solar panel manufacturers, these companies are facing increasing pressure to ensure that forced labor is not used in their supply chains.
Some experts believe that the United States is trying to”suppress China’s photovoltaic industry, promote the development of local industries, and effectively win a leading global position.” In fact, many US companies currently have”quite large” exposure to solar energy equipment.
On June 22, China’s Ministry of Foreign Affairs spokesperson Zhao Lijian stated at a regular press conference that the so-called “genocide” and “forced labor” in Xinjiang were completely ulterior rumors and outright lies. Its real purpose is to restrict and suppress the development of relevant parties and enterprises in China. It is to engage in forced unemployment, forced poverty, and unfair competition. The Chinese side has clarified the facts and the truth many times. The US side should respect the facts, immediately stop maliciously disseminating false information, and unreasonably suppress Chinese companies based on false information. China will pay close attention to the measures taken by the US and make necessary responses to resolutely safeguard its own rights and interests.
After the announcement of the above-mentioned penalty decision, the share price of DQ-US ADR (DQ-US) plummeted by nearly 13%; Chinese solar panel manufacturer JinkoSolar (JK-US) fell more than 2.55%; US solar cell module supplier FirstSolar (FSLR-US) rose slightly by 1.50%.
ZTE Corporation is accused again
In China Solar While the manufacturer was banned, ZTE was again accused by the United States.
According to the lawsuit filed in the District Court of New York, more than 50 Americans have accused Africa’s largest telecommunications company MTN Group and China’s ZTE Corporation of having business dealings with the Islamic Revolutionary Guard Corps (IRGC) for the organization’s work in Iraq. Terrorist activities provided financial, weapons and other assistance, causing a total of thousands of Americans casualties between 2011 and 2016.
MTN Group is headquartered in Johannesburg, South Africa. According to media reports, after being charged, it stated via e-mail that it is currently reviewing the details of the lawsuit, and is also consulting with lawyers and consultants, and emphasized that it is a legitimate business The business does not involve any wrongdoing and will defend its position. ZTE spokesman MargaretMa did not immediately respond.
The MTN Group received similar accusations in 2019. About 150 Americans accused the group of bribing Taliban officials to protect its telecommunications base station in Afghanistan from attack. The MTN Group operates in Syria, Iran, Afghanistan and other areas where the telecommunications industry only considers risky areas. The company has also stated that it will sell its business in the Middle East.
ZTE was blacklisted by the United States not long ago.
The other four areas were beaten
It is worth noting that at present, as long as it is deemed harmful to the interests of the United States, no matter who you are, you will inevitably be beaten.
The U.S. International Trade Commission (ITC) determined on Wednesday (23rd) local time that passenger car and light truck tires in Taiwan, South Korea, Thailand, and Vietnam have caused “material damage” to domestic industry players. The US Department of Commerce will issue an order to impose anti-dumping and countervailing duties on the four regions.
ITC stated that imported tires for passenger cars and light trucks from Taiwan, South Korea, and Thailand, and Vietnam’s subsidies for imported tires for passenger cars have caused substantial damage to domestic industry players. This issue of anti-dumping duties and countervailing duties orders. However, the Ministry of Commerce did not immediately respond.
In response to the petition of the United States Steel Workers Federation (USW), the US Department of Commerce launched an investigation on June 23 last year to clarify whether tires from Asian countries are sold in the United States at prices below fair value. The United States imported 4.4 billion U.S. dollars worth of tires from Taiwan, South Korea, Thailand and Vietnam last year. USW previously stated that imports of tires from these four regions have increased by nearly 20%since 2017. By 2019, the total number of imported tires will reach 85.3 million.
Recently, the suppression by the United States can be described as crazy, and its behavior has lost its credibility. Biden had just finished his “friendly” talks with Putin. Jack Sullivan, the assistant to the US President’s National Security Affairs, said in an interview with CNN on June 20 that the US is preparing to deal with Russia regarding the arrest of Russian opposition activist Navalny. Implement more sanctions.
“We will unite with our European allies to demand that Russia pay for the use of chemical agents on its citizens on the territory of this country. We are also preparing to implement another set of sanctions on this matter.” It has to be reminiscent of some styles in the Trump era. As the epidemic gradually becomes controllable, future international disputes may be indispensable. After all, the United States has paid a great price for the epidemic, and he will always find someone to take the order and find someone to take the blame.
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