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Chinese steel products for the U.S. countervailing duties imposed

30 U.S. Department of Commerce made a preliminary ruling in part on the wheels of steel and galvanized steel wire of high tariffs to offset these exporters to accept the so-called unfair Chinese government subsidies.

Ministry of Commerce, said part of the domestic steel wheels imposed countervailing duties ranging between 26.24% to 46.59%; the same time, will be made part of the galvanized steel wire in the collection, ranging from 21.59 to 48.9 percent countervailing duty , but because of Shandong Hualing Hardware Tools Co., Ltd. "no response" to the United States to provide information requested, it will be charged up to 253% tax rate.

Steel wheels are widely used in trucks, buses and other vehicles in the auto parts business; galvanized steel products are widely used in agriculture, car manufacturing, construction, equipment and other industrial applications. U.S. Department of Commerce data show that the United States from China's imports of steel wheels from the 2009 total of about $ 60 million up to $ 80 million in 2010; while imports from China of galvanized steel wire products from the 2009 total of about 53 million increase to 54 million dollars.

Currently, the U.S. Commerce Department is also investigating whether the product dumping in the United States, or a price below the normal value in the U.S. market.

U.S. Department of Commerce is expected in January next year on the anti-subsidy case the final decision.

Obama administration took office in China was initiated by a series of trade sanctions, some analysts believe that this is because the U.S. China economic downturn, trade protectionism and politicians manipulate the other factors. This year, the United States to China trade sanctions frequency compared with last year, this is the latest in recent months, which the Chinese government has repeatedly stressed their firm opposition to any practices contribute to trade protectionism.


This chaptersource:China Trade Information (http://en.zgxu.com),In this paper.

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