Six Southern California companies were convicted of conspiring to avoid paying $ 1.8 billion in tariffs on aluminum imports from China, the the Justice Department reported. The case is linked to Chinese businessman Liu Zhongtian and the rising value of China Zhongwang Holdings, Asia’s largest aluminum extrusion manufacturer.
The World Customs Organization (WCO) reported that it analyzes passenger control and facilitation in the cruise industry. Following discussions at the Passenger Facilitation and Control Working Group (PFCWG) Global Cruise Workshop in July, the WCO Secretariat, together with the International Maritime Organization (IMO) and the United Nations Office
The United States Department of Justice (DOJ) will return confiscated funds to FIFA, Conmebol and Concacaf (collectively, the “Victims”) for more than $ 200 million in cash. First, the Justice Department approved the remittance of more than $ 32 million in confiscated funds from the victims of the
China topped the ranking of the world’s top steel producing countries from January to July 2021, the World Steel Association (Worldsteel) reported. During that period, China produced 649.3 million tons of steel and that quantity represented an 8% growth compared to the same period in 2020. Next came
The volume of world trade was in June of the current year 5% higher than before the Covid-19 pandemic, reported the Office for Economic Policy Analysis (CPB) of the Netherlands. Overall, world merchandise trade appears to be stabilizing, with a modest 0.5% growth in June compared to May,
What are anti-dumping measures? What follows, in the immediate paragraph, is the answer of what dumping is according to the WTO and, in the subsequent text, what is explained by the Ministry of Economy, Trade and Industry of Japan (METI). For the WTO, dumping is the export of