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U.S. Steel Industry Wins Trade Case Against China
Jun 25, 2008
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U.S. steel pipe manufacturers, who have been battling a surge in imports from China, won a major victory when the International Trade Commission cleared the way for the imposition of stiff penalty tariffs for the next five years. The commission voted 5-0 that the U.S. industry was being harmed by the import of circular steel pipe. The decision marked the first time a U.S. industry has won a decision to impose tariffs on a Chinese product based on the argument that the Chinese government was unfairly subsidizing a Chinese industry.The commission ruling means penalty tariffs ranging from 99% to 701% will be imposed on Chinese imports of circular welded pipe.

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