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China has initiated an anti-dumping investigation targeting thermoplastic imports used in automotive and electronics from the U.S., EU, Japan, and Taiwan. The probe, focused on polyoxymethylene copolymers, is expected to conclude within a year, with a possible six-month extension.
This move seems to be a response to the EU's investigation into alleged unfair trade practices by Chinese firms.
Last week, the U.S. significantly increased tariffs on Chinese goods, including electric vehicles, steel, aluminum products, and solar cells, affecting $18 billion worth of imports. Meanwhile, EU leaders are contemplating imposing high tariffs on Chinese-made electric vehicles and wind turbines under a new anti-subsidy law, potentially closing off a vital market for China.
This is often what the lead up to wars is like. I hope that's not what's happening here.
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The bifurcation is gaining steam
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This is good so we dont get chinas trash. The stupid windmill blades themselves arent even recyclable!
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Bit more on dumping on scmp spotify
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Something about trade I don't quite get the situation..
China manufactures stuff at low cost (post-national outsourcing of manufacturing to China more than 30 years ago) and dumps a lot of product, undercutting the global market, consequently other nations that manufacture outside of China have no business.
Polyoxymethylene is a precision, highly stable thermoplastic, invented and developed by Germany, refined and patented by Dupont in the US, and a large reason for patents is exactly to limit the rights to arbitrarily copy. China possibly modifies some products and patents. Seems this should be expected, as you can't enforce, and now we find ourselves in the middle of the meaninglessness of phrases like 'anti-dumping investigation'.
My only conclusions are that business is 'good' for all nations. This is apolitical. Anyone who pretends this is a political matter is deceiving. Secondly, patents are 'bad'. The world would not find itself in a world of nonsense with public domain, non-restrictive IP, and licensing. Don't know if you agree, just my 2 microsatoshi.
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