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U.S. to keep antidumping and countervailing duty orders on stainless steel pipe from China

English.news.cn   2014-06-25 03:48:28

WASHINGTON, June 24 (Xinhua) -- The U.S. government determined Tuesday it would maintain the existing antidumping and countervailing duty orders on welded stainless steel pressure pipe from China, despite Beijing's repeated calls for Washington to drop protectionism.

The U.S. International Trade Commission (ITC) concluded in a ruling that revoking the current antidumping and countervailing duty orders on welded stainless steel pressure pipe from China would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

It has been the first "sunset review" since 2009, when the two duties were introduced. The antidumping duty margin on the products from China runs from 10.53 percent to 55.21 percent, while the countervailing duty margin is from 1.1 percent to 299.16 percent.

A "sunset review" was conducted every five years after anti- dumping and countervailing duties were introduced. The Uruguay Round Agreements Act requires the U.S. Department of Commerce to revoke an anti-dumping or countervailing duty order, or terminate a suspension agreement, after five years unless the department and the ITC determine that revoking the order or terminating the suspension agreement would likely lead to the continuation or recurrence of dumping or subsidies and of material injury within a reasonably foreseeable time.

The Chinese Ministry of Commerce has repeatedly urged the United States to abide by its commitment against trade protectionism and work together with China and other members of the international community to maintain a free, open and just international trade environment.

Editor: yan
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