. Military Space News .
TRADE WARS
US charges tire company with evading tariffs on China
by Staff Writers
Washington (AFP) Dec 15, 2020

US law enforcement officials charged more than a dozen people and a Texas company in connection with a decade-long scheme to evade import tariffs on Chinese-made tires, officials announced Tuesday.

The Justice Department said the joint operation found that Houston-based Winland International/Super Tire and executives "conspired to avoid anti-dumping duties associated with off-the-road (OTR) and light vehicle and truck (LVT) tires from China."

They are accused of using paperwork from Chinese manufacturers that were not subject to duties, and also falsified invoices to understate the value of the imports in order to pay a lower duty, the department said in a statement.

The value of these tires was over $21 million, which meant the US was unable to collect more than $6.5 million in import duties.

Authorities arrested Zheng "Miranda" Zhou and Kun "Bruce" Liu, listed as president and vice president of operations of the tire company.

"For more than a decade, Zhou and her co-conspirators are alleged to have sought to gain an unfair competitive advantage at the expense of US companies," said Mark B. Dawson of Immigration and Customs Enforcement's Homeland Security Investigations (HSI) office in Houston.

Authorities filed charges against six other individuals, all considered fugitives, most of whom reside in China, according to the statement.

Another six face civil charges.

President Donald Trump made aggressive tariffs on Chinese goods a central feature of his administration, but US trade authorities have long worked to counteract dumping of product into the US market at below-market prices, which harm US producers.

"China and its industries want to rob, replicate and replace American made good and technology," said US Attorney Ryan K. Patrick for the Southern District of Texas.

"Illegally importing and dumping these goods is one way to systemically weaken American competitors," he said in the statement.


Related Links
Global Trade News


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Asian markets fall as virus surge leads to new lockdowns
Hong Kong (AFP) Dec 15, 2020
Asian markets fell across the board Tuesday as surging virus infections force governments to impose tighter containment measures, trumping the rollout of vaccines in the US and Britain, while the pound held gains on hopes for a post-Brexit trade deal. The downbeat mood also comes despite some optimism that US lawmakers are inching towards finally agreeing a new stimulus for the world's top economy. Investors have taken a breather this month after November's spectacular rally powered by the news ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Most Advanced SBIRS Missile Warning Satellite Ready For 2021 Launch

Russian military successfully tests new anti-ballistic missile

Navy intercepts, destroys ICBM during missile test in Hawaii

U.S., allied countries begin NATO Missile Firing Installation 2020 in Greece

TRADE WARS
Projectile concept shows potential to extend munition range to more than 100km

U.S., Australia agree to partner on hypersonic missile development

Tigray forces fire rockets at Ethiopian regional capital

UK ex-defence worker jailed for sharing missile info

TRADE WARS
Army looks to improve quadrotor drone performance

Kongsberg Geospatial Announces New Tactical UAS Sensor Data Management Solution

Test of Gremlin drones a near success, but C-130 couldn't retrieve them

Navy creates program for specialists to operate MQ-25 Stingray drone

TRADE WARS
Altamira announces new space mission data processing award worth $8.5 Million

NATO announces readiness of new special operations command

Northrop Grumman Joint Threat Emitter deployed in support of UK-Led Joint Warrior Exercise

Elbit Systems launches E-LynX-Sat - a portable tactical SATCOM system

TRADE WARS
Air Force opens five-day virtual meeting to accelerate innovation

U.S. Marines conclude cold-weather exercise in Norway

Eyeing China, top US general sees tech revolution on battlefield

BAE Systems wins $3.2B contract for British munitions

TRADE WARS
US Congress passes defense bill despite Trump veto threat

Erdogan says US sanctions over Russian arms would be 'disrespect'

US senators fail to block Trump sale of F-35 jets to UAE

Miller announces transfer of $29.3M in equipment to Philippine military

TRADE WARS
Russian navy to join drills with NATO states for first time in decade

China sanctions US officials over Hong Kong moves

Biden picks General LLoyd Austin as first Black Pentagon chief

US, China extend giant panda deal by three years

TRADE WARS
Weak force has strong impact on nanosheets

Making 3D nanosuperconductors with DNA

Researchers share design for affordable single-molecule microscope

Scientists explain the paradox of quantum forces in nanodevices









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.