Saturday, November 7, 2009

U.S. slaps more punitive penalties on Chinese goods

WASHINGTON: The U.S. International Trade Commission (ITC) on Friday slapped punitive penalties to imports of coated paper and salts from China, a move might escalate trade disputes between the two countries.

The ITC has made affirmative determinations in its preliminary phase countervailing and antidumping duty investigations concerning certain coated paper from China and Indonesia, said the ITC in a statement.

It also approved an investigation of charges that Chinese producers are dumping three types of salts, namely, tetrapotassium pyrophosphate, monopotassium phosphate, and dipotassium phosphate in the United States.

But the trade panel made a negative determination with respect to sodium tripolyphosphate.

Meanwhile, the panel also made negative determinations in its preliminary phase countervailing and antidumping duty investigations concerning certain standard steel fasteners from mainland China and Taiwan.

The two more new trade cases against China followed the U.S. Commerce Department's Thursday decision to set preliminary antidumping duties on imports of oil country tubular goods (OCTG) from China, the biggest U.S. trade action against China.

China strongly opposed the U.S. decision, claiming that it is a protectionist move.

The United States denied China's market economy status and took discriminative measures to impose anti-dumping duties, bringing serious impacts to China's steel sector exports, said China's Ministry of Commerce (MOC) spokesman Yao Jian in a statement on Friday.

We hope the United States can get rid of the bias and admit China's market economy status soon to tackle the double standards thoroughly and give Chinese enterprises equal and fair treatment, Yao said.

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