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US decides to slap duties on Chinese steel pipes
Washington (AFP) Sept 9, 2009 The United States made a preliminary decision Wednesday to slap tariffs as high as 31 percent on steel pipes from China following claims they were backed by unfair subsidies. The Commerce Department said it had "preliminarily determined" that Chinese producers or exporters of carbon or alloy tubular steel products used in oil and gas wells "have received net countervailable subsidies ranging from 10.90 to 30.69 percent." "As a result of this preliminary determination, Commerce will instruct US Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates," the department said in a statement. From 2006 to 2008, imports of such pipes -- officially known as oil country tubular goods (OCTG) -- from China increased 203 percent by volume, the statement said. They were valued at 2.6 billion dollars last year. The department pursued an investigation into the case after complaints from various US industry groups and unions, including the United States Steel Corporation, and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union. The department will issue a "final determination" on the issue in November, the statement. "If Commerce makes an affirmative final determination, and the US International Trade Commission makes an affirmative final determination that imports of OCTG from China materially injure, or threaten material injury to, the domestic industry, Commerce will issue a countervailing duty order," the statement said. The decision Wednesday came as US President Barack Obama faces pressure to slap punitive duties on tire imports from China to save jobs at home. The quasi-judicial US International Trade Commission proposed tariffs of up to 55 percent on Chinese passenger and light truck tires based on a petition led by the United Steelworkers Union that the tire imports had tripled since 2004, forcing plant shutdowns and the loss of 5,100 jobs. Obama is required to make the decision just ahead of hosting Chinese President Hu Jintao at the G20 summit on September 24-25. Share This Article With Planet Earth
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Brazil hits Chinese shoe, tire imports with higher dutiesBrasilia (AFP) Sept 9, 2009 Brazil slapped prohibitive tariffs on imports of Chinese shoes and tires on Wednesday as part of an ongoing anti-dumping dispute, the Brazilian ministry of industry said. "(The measures) will be in effect from today... 12.47 dollars for each pair of shoes imported from China," the ministry said in a statement. The second measure will see tires come under higher tariffs for up to five ... read more |
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