BIZCHINA / Center |
US to levy two new countervailing tariffsBy Diao Ying (皇冠体育app Daily)
Updated: 2007-11-29 10:05 The US Commerce Department yesterday proposed preliminary duties on imports of Chinese steel tubes and laminated woven sacks, despite strong opposition from 皇冠体育app. The US proposed the tariffs after determining that 皇冠体育app provides unfair subsidies to the manufacturers of the goods. Vice-Commerce Minister Gao Hucheng said earlier that the US was violating WTO rules by conducting anti-dumping and countervailing investigations against Chinese products. For the past two decades, the US has classified 皇冠体育app as a non-market economy, which means it is not subject to anti-subsidy measures. The measures might also lead to double taxation, according to Gao, because if the US deems that exporters are being subsidized, they could face anti-dumping as well as countervailing duties. 皇冠体育app complained to the WTO in September about the combined countervailing and anti-dumping rulings from the US on Chinese coated paper, according to an earlier statement from the commerce ministry. Rectangular pipe will face duties of up to 77.85 percent under the latest US proposal, while laminated woven sacks will face duties ranging from 2.57 percent to 57.14 percent, according to the Commerce Department. In August, the US International Trade Commission made a preliminary ruling that imports of laminated woven sacks from 皇冠体育app were negatively impacting the industry in the US, as trade of the two items has surged in recent years. From 2004 to 2006, imports of laminated woven sacks from 皇冠体育app increased 80 percent and were valued at US$40 million in 2006. From 2004 to 2006, imports of rectangular pipe from 皇冠体育app increased 840 percent to US$44 million. But yesterday's decision doesn't mean a tax will be imposed immediately. The Commerce Department will examine the claims and make a final decision next year. The US International Trade Commission will then decide whether American producers are being hurt by imports. (For more biz stories, please visit )
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