US mulls import penalties on Chinese steel pipes

[discocrisco01]

Source: AFP

WASHINGTON — The United States launched a probe Wednesday to look into slapping penalties on imported Chinese steel pipes in a move that could widen a trade spat between the two key powers.

Washington has decided to "initiate antidumping and countervailing duty investigations on imports" of Chinese "seamless" pipes used to convey water, steam, chemicals, oil products and natural gas, the Commerce Department said in a statement.

The pipes were allegedly backed by unfair subsidies.

Dumping occurs when a foreign company sells a product in the United States at less than normal value. Subsidies are financial assistance from foreign governments that benefit the production, manufacture, or exportation of goods.

The move came less than a month after US President Barack Obama imposed punitive duties on Chinese-made tires, igniting the first trade spat of his presidency.


Read more: http://www.google.com/hostednews/afp/article/ALeqM5jEpCdVDKilsOlFRTu8_dqqhke36A

[texanshatingbush]

1. Gee, the Chinese drywall story would make me think twice.....

...about buying Chinese steel....And steel pipe that breaks can probably do a lot more harm to a lot more people than Chinese drywall

[onehandle]

2. Place penalties on ALL Chinese Imports! Fight them now before they take over the world! nt

[WriteDown]

3. The Chinese engage in "dumping?"

Heavens no.

[tomm2thumbs]

4. whatever happened to all that poisonous drywall? who knows what chemicals are in their piping /nt

[AdHocSolver]

5. Forget the Chinese. Go after the corporations that import this substandard junk.

Get rid of the vehicles that permit this kind of economic activity. Get rid of NAFTA, the WTO, the IMF, the World Bank, and all of the other corporate cartel agreements that the multinational corporations use to offshore jobs.

The U.S. corporations are complicit with their Chinese counterparts.

[madrchsod]

6. just a tad bit late...

the fucking chinese and the us government has been killing off entire industries for years... this issue fucking pisses me off....fuck china.

[SpartanDem]

7. Long overdue that we enforced these trade agreements