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u.s. sets hefty duties on chinese stainless steel sinks
WASHINGTON (Reuters)-
The United States set up a preliminary counter on Friday.
Dumping duties from 54.
25% to 76.
53% stainless steel sinks from China, the latest in a range of sinks in the United StatesS.
Take action on goods imported from Asian manufacturers.
The decision was a victory for the El Kai manufacturing industry for nearly a century.
The old Illinois company has accused its Chinese rivals of selling sinks in the United States at unfair low prices.
On the same day, President Barack Obama blocked a privately owned Chinese company from building wind turbines near a naval base in Oregon due to national security concerns. It was the U. S.
Commerce Department\'s second round of duties on stainless steel sinks.
In July, it set a preliminary countervailing duty ranging from two.
12% to 13
94% to offset subsidies from the Chinese government.
Since taking office in 2009, the Obama administration has implemented about 40 counter-measures.
Dumping and countervailing duties on Chinese goods.
However, these cases are driven by industry petitions and there are very few cases at present.
The biggest is Chinese.
Anti-solar panels
The dumping and countervailing tax case filed by SolarWorld us swvg. DE and other U. S. companies.
The Ministry of Commerce faced a final tariff decision on the case in October 10 and another final decision in a case involving the Chinese
Wind turbine towers were built later this year.
The United States imported $118.
In 2011, the price of the stainless steel sink in China rose from $98.
2010 1 million.
Guangdong Dongyuan kitchenware Industry Co. , Ltd. Superte Kitchenware Co. , Ltd.
Dumping duties 63.
87% and 54.
25% respectively.
19 Chinese exporters have been hit by 59 pounds.
06% preliminary duty.
Tariffs on all other Chinese producers and exporters are £ 76. 53 percent.
Companies need to issue bonds or cash deposits at initial interest rates.
The United States will refund the money if a separate agencyS.
The International Trade Commission decided to oppose tariffs in a vote next year.
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