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US slaps duties on China wire decking
Washington (AFP) Jan 5, 2010 US authorities slapped tariffs on Chinese wire decking after a preliminary finding that the products were "dumped" at below market value, officials said Tuesday. In the latest trade row with China, the Department of Commerce announced a preliminary determination in the antidumping duty investigation on imports of steel wire decking, designed mainly for industrial and other commercial storage rack systems. The tariffs of between 42.61 to 289 percent will be imposed and collected until a final determination is made in the case. The case results from a complaint from US manufacturers AWP Industries of Kentucky, ITC Manufacturing of Arizona, J&L Wire Cloth of Minnesota, Nashville Wire Products of Tennessee and Wireway Husky Corporation of North Carolina. The United States has imposed duties on a variety of Chinese goods including steel pipes, grating and tubular goods based on other investigations.
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Peru-China free trade deal effective next week: officialLima (AFP) Jan 4, 2010 Peru's free trade agreement with China will go into effect on January 15, two weeks ahead of schedule, Trade Minister Martin Perez said Monday. The pact was signed in April and ratified last month. "In principle, we calculated the trade agreement would go into effect on February 1. However, the process has been completed and (the agreement) will kick in much earlier than foreseen," Perez ... read more |
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