US slaps duties on steel pipe from China

[OhioChick]

Source: China Daily

2010-02-25 11:26

US expected to announce more duties in April

WASHINGTON: The United States on Wednesday imposed preliminary duties ranging from 11 to 13 percent on steel pipe from China to offset government subsidies, the Commerce Department said.

The decision puts further strain on US-China trade relations, already tested by disputes over other US trade actions and China's currency policy.

It is a victory for US Steel Corp and the United Steelworkers union, which filed a petition in October asking for protection against the Chinese imports.

Texas company V&M Star LP and Illinois company TMK IPSCO also signed the petition asking for relief.

Roger Schagrin, an attorney representing the petitioners, said he believed the Commerce Department underestimated the amount of Chinese government subsidies.

But "we're still happy (with the countervailing duties). They're in the double digits," Schagrin said.



Read more: http://www.chinadaily.com.cn/bizchina/2010-02/25/content_9502866.htm

[smiley_glad_hands]

1. Now if we can just get this done for clothing, plastics, furniture, and electronics.

We can have ourselves a recovery then.

[Po_d Mainiac]

4. Nah...just refers to steel

lead, mercury, formaldehyde, illegal dyes and industrial wax aren't included in the ruling :grr:

[Endangered Specie]

2. A step in the right direction... now its time to jog

[madrchsod]

3. it`s a start but they`ll cut the wages to make up the difference

10 years to late for the steel mill i used to work at....

[Archae]

5. Now when will US industries stop being subsidized?

Especially agriculture?

[ingac70]

6. When other countries stop subsidizing their industries.

If anything, we don't subsidize enough.

[smiley_glad_hands]

8. +1 eom

[dipsydoodle]

14. I not sure there are many countries

who would willing oblige provided the USA removed all farm subsidies.

[dipsydoodle]

16. Should've said

I'm sure : not not sure.:think:

[pipoman]

15. When we decide to let farm cartels

control pricing and quantity of product...like stability in price and availability at the grocery store? I do.

[pampango]

17. Especially agriculture indeed. That's the main thing the Third World wants from us and Europe.

Our subsidies to agribusiness makes if very difficult for Third World farmers to compete in their home markets with our exports.

[proudohioan]

7. You flame-baiter!!!

:evilgrin:

[proteus_lives]

9. Good.

It's a step in the right direction.

[sam sarrha]

10. if every import had 1 or 2% tariff we could finance job training and free education for all american

just like before Roni RayGun became governor of CA.. they didnr start fixing what he did ti devastate the states educational system till 1997.. when a state wide test showed nearly 4 of 7 high school graduates couldn't read or write well enough to fill out a job application.

[jxnmsdemguy65]

11. Finally, somebody in this administration is showing they have balls...n/t

[BrklynLiberal]

12. A small step..but in the right direction

[hogwyld]

13. Be careful not to irritate our Chinese overlords

They might get a bit prickly and call in that 14 TRILLION dollar chip.

[pampango]

18. We owe more to Japan than to China. Obama doesn't seemed too cowed. China has blustered

after his meeting with the Dalai Lama and after several previous tariffs he has imposed, but he keeps about the business of taking steps to make China live up to its trade commitments. It will take a while, after 8 years of Bush ignoring everything China did, but he's headed in the right direction.