On June 8, the WTO distributed to the members the report of the Expert Group on the WTO Dispute Case against China's warm water shrimp and diamond saw blade anti-dumping measures. China won a comprehensive victory in the case. The WTO expert group ruled that the US’s use of the zeroing method to calculate the dumping margin of the investigated companies in the anti-dumping investigation conducted by China on warm water shrimp and diamond saw blades in China violated the Anti-Dumping Agreement and did not comply with WTO rules. Shen Danyang, spokesman of the Ministry of Commerce, said in a speech that China welcomes this ruling. China urges the US to respect the WTO ruling, cancel the practice that is inconsistent with the WTO rules as soon as possible, treat Chinese export enterprises fairly, and maintain normal trade activities between China and the United States.
Diamond saw blades are one of the main export products of Antai Technology, and exports to the US account for about 40% of the export value of diamond saw blades. In May 2005, the United States filed an anti-dumping investigation against diamond saw blades and their accessories originating in China and South Korea, and used the “return to zero†method that did not comply with WTO rules to calculate the dumping margin of the companies under investigation. On November 4, 2009, the United States issued an anti-dumping order to declare punitive tariffs on diamond saw blades produced in China and South Korea. The average tax rate of Chinese enterprises is 21.34%, and Antai Superhard Branch has a separate tax rate of 2.82%. The anti-dumping measures of the United States not only increased the sales cost of diamond saw blades in China, but also the frequent administrative review made the enterprises involved in the case a difficult situation for long-term passive response.
After Antai Technology issued an anti-dumping order in the United States, it applied to the Ministry of Commerce in the name of the group company to file a trade dispute through the WTO. With the assistance of the marketing department of the group company, the application materials were submitted to the Bureau of Import and Export Fair Trade of the Ministry of Commerce and the Department of Treaty and Law, and actively sought solutions. The company's leaders attached great importance to the progress of the incident and conducted many guidances. The company's chairman and president, Zhao Shiqian, personally led the relevant personnel to the Ministry of Commerce for communication. The Department of Import and Export Fair Trade of the Ministry of Commerce and the Department of Treaty and Law also attached great importance to the case. On the one hand, they protested and discussed at the China-US Joint Commission on Commerce and Trade, and actively prepared for the law, and filed a lawsuit at the WTO on July 22, 2011. The US side proposed a supplementary consultation request in the WTO dispute case (case number DS422) in which anti-dumping measures were adopted, and requested that on the basis of the lawsuit against the US anti-dumping case against warm water shrimp, the November 4, 2009 The zeroing in the anti-dumping measures taken by Japan and the United States against China's diamond saw blades was also included in the dispute. After more than 10 months of negotiations and trials, China won a full victory in the case.
At present, Antai Superhard Branch has accounted for 60% of China's total diamond saw blade exports to the United States. The WTO victory is the most significant and decisive victory in the anti-dumping response against the US diamond saw blade after seven years of hard struggle! According to the ruling, after the implementation period of 8-10 months, the United States must correct the "return to zero" error calculation method and re-release the corporate tax rate. If there is no accident, Antai Superhard Branch will get a zero tax rate, and it is expected to completely get rid of the US anti-dumping restrictions and provide more room for future expansion in the US market.
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