The U.S. remains duties on China's pipe fitting
28/03/2011 115The U.S. International Trade Commission (USITC) announced on Thursday that they will maintain the existing antidumping duty orders on carbon steel butt-weld pipe fittings from China and some other markets.
The USITC said that revoking the existing antidumping duty orders on carbon steel butt-weld pipe fittings from China, Brazil, Japan, Taiwan, and Thailand would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
As a result, the USITC's said the existing orders on imports of these products from these five markets will remain in place.
The United States' existing antidumping duties on imports of China's carbon steel butt-weld pipe fittings range from 35.06 percent to 182.90 percent.
However, China has repeatedly voiced its opposition to the bias of the United States in the China-U.S. trade, and required that the US should give Chinese enterprises "equal and fair treatment".
The Department of Commerce of the U.S. should revoke an antidumping or countervailing duty order, or terminate a suspension agreement after five years, according to the Uruguay Round Agreements Act.
Nevertheless, the stipulation does not apply when the Department of Commerce and the USITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (USITC) within a reasonably foreseeable time.
The five-year (sunset) reviews concerning Carbon Steel Butt-Weld Pipe Fittings from Brazil, China, Japan, Taiwan, and Thailand were instituted on October 1, 2010.
Source: International Business Times
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