Registration was successful!
Please follow the link from the email sent to

US Slaps New Duties on Chinese, German Steel Tube Products

© REUTERS / China DailyWorkers check steel products at a factory in Dalian, Liaoning Province, China, March 30, 2016
Workers check steel products at a factory in Dalian, Liaoning Province, China, March 30, 2016 - Sputnik International
Subscribe
The United States Department of Commerce has slapped new duties on steel tube products from a number of countries, including China and Germany, to ensure that "everyone trades on a level playing field."

Chinese national flag. (File) - Sputnik International
EU Slaps Anti-Dumping Duties on Chinese Steel Imports Angering Beijing
WASHINGTON (Sputnik) — The United States announced new import taxes on steel tube products from six countries, the Department of Commerce said in a statement.

"Today, US Secretary of Commerce Wilbur Ross announced the initiation of new countervailing duty (CVD and/or antidumping duty (AD) investigations of cold-drawn mechanical tubing from China, Germany, Italy, India, Korea, and Switzerland," the statement said Wednesday.

The move came after five US steel producers filed a petition on April 19 with the Commerce Department seeking relief from the effects of dumped and subsidized merchandise on the US market.

"The Department will act swiftly to ensure that everyone trades on a level playing field," Secretary of Commerce Wilbur Ross said, according to the statement. "We will defend American workers and businesses with every tool at our disposal."

In 2016, imports of cold-drawn mechanical tubing from the six countries were valued at $152 million.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала