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| The U.S. anti-dumping investigations against Chinese steel |
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United States October 29 in Hangzhou, a consensus commitment to work together against protectionism in trade and investment, but only one day after the U.S. International Trade Commission voted 6-0 against China's anti-dumping investigation on steel.
According to British media reports, the U.S. International Trade Commission voted to approve the October 30 the Ministry of Commerce of the seamless steel pipe imported from China to launch anti-dumping and countervailing duty investigations. This may lead to imports from China worth 382 million U.S. dollars of steel imposed 100 percent tariffs.
United States International Trade Commission voted unanimously that there is sufficient evidence to obtain an unfair subsidy and the price of Chinese steel pipe may undermine the interests of U.S. steel manufacturer, to permit the Ministry of Commerce of the Chinese steel anti-dumping investigation to see whether the Chinese government heavily subsidized the production , to low-priced dumping to the United States.
U.S. Department of Commerce began early in October of this investigation is the United States Steel Corporation, V & MStar Inc., TMKIPSCO companies, as well as the United Steelworkers of America initiated at the request.
These U.S. companies exported to the U.S. accuses China of seamless access to the Chinese government's unfair subsidies.
In the International Trade Commission, the day before the vote, held in Hangzhou, the 20th China-US Joint Commission on Commerce meeting, the two sides reached a consensus, commitment to work together against protectionism in trade and investment, not introduce new trade protection measures.
U.S. spokesman said that this does not mean that Washington promise not to accept the request to increase tariffs on Chinese goods request.
Act of dumping in international trade means a country or region of the manufacturers or exporters to lower their domestic market price or below cost price squeeze in another country's market behavior. The international trade subsidies conduct refers to a country or region of the producers or exporters in the production, manufacture and export to other countries in the process to obtain financial assistance from their governments.
Recently, the U.S. President Barack Obama signed a decree on imports from China, cars and light truck tires 35% levy punitive tariffs for three years.
China is angry and frustrated response to the World Trade Organization complaints, launched a 60-day World Trade Organization dispute settlement procedures. |
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