US final levy imposes high double anti-tariff on Chinese-made seamless steel pipes

Abstract The US Department of Commerce made a final ruling on the 13th and decided to impose a 13.26% to 53.65% countervailing duty on Chinese seamless steel pipes and an anti-dumping duty of 48.99% to 98.74%. In February of this year, the US Department of Commerce first cut the seamless steel for China...

The US Department of Commerce made a final ruling on the 13th and decided to impose a 13.26% to 53.65% countervailing duty on Chinese seamless steel pipes and an anti-dumping duty of 48.99% to 98.74%.

In February of this year, the US Department of Commerce initially imposed a 10.66% to 12.97% countervailing duty on Chinese-made seamless steel pipes, and in April it imposed a 32.39% to 98.37% anti-dumping tariff on Chinese-made seamless steel pipes; The "double anti-" tariffs determined by the US Department of Commerce are higher than the tariffs determined by the preliminary ruling.

Seamless steel pipes are mainly used in industrial pipeline systems such as tap water, petrochemicals, petroleum products and natural gas. In 2009, the total value of seamless steel pipes imported from China by the United States was approximately $182 million.

According to the US trade remedy handling procedure, after the US Department of Commerce made a final ruling on the 13th, the US International Trade Commission also decided to make a final ruling, after which the US Department of Commerce issued a countervailing and anti-dumping order against Chinese-made seamless steel pipes.

On August 31, the US Department of Commerce refused to investigate whether the RMB exchange rate for Chinese-made aluminum profiles and coated papers constituted an improper subsidy, but the preliminary ruling imposed a countervailing duty of 6.18% to 137.65% on Chinese-made aluminum profiles.

In addition, the US Department of Commerce announced 14 proposals aimed at strengthening trade remedy measures, including trade remedy measures such as anti-dumping and countervailing, and its core includes canceling the anti-dumping or countervailing waiver granted to individual foreign export enterprises under certain circumstances. .

Regarding the 14 recommendations announced by the US, the Ministry of Commerce of the People's Republic of China indicated that many of its recommendations are aimed at non-market economy countries. The Chinese side expressed serious concern about this; for the trade remedy measures frequently launched by the United States, the Chinese side has repeatedly negotiated and asked the US to abide by the two sides. Consensus, oppose trade protectionism, and jointly respond to the financial crisis.

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