WASHINGTON, Sept. 21 -- The U.S. Commerce Department announced Tuesday that it had made final determination to slap antidumping (AD) and countervailing (CVD) duties on imported certain coated paper from China, a move might escalate trade disputes between the two countries.
7 A$ D' r5 ^! g" w( O In this case, the product will face 7.60 to 135.83 percent of AD duties and 17.64 to 178.03 percent of CVD duties.: o2 H2 z3 z+ g2 E" f) ~' A( j% N
The department said in a statement that Chinese producers and exporters of the products had received subsidies equivalent to the duties that were imposed.
5 |1 H6 n# M/ \ Q/ a "As a result of the final AD determination, Commerce will instruct U.S. Customs and Border Protection to collect a cash deposit or bond based on the final AD rates," said the statement.
' z: Q) \, W- \% N5 C "Cash deposits of countervailing duties on imports of certain coated paper will not be required unless the U.S. International Trade Commission (ITC) reaches a final determination."
0 V. J: q2 }0 H# p9 W$ U/ {, U According to the U.S. government data, imports of certain coated paper from China were valued at about 279.4 million dollars.
7 q4 s4 U1 n9 ?. z7 W2 F The ITC will make its final determination in November.& c/ E8 O! x/ P3 j) i
The case followed U.S. Trade Representative Office's recent move to file two cases against China to WTO, a move viewed by many economists as protectionism.
' N6 t7 O) l2 P( k) A The protectionist moves by the Obama administration will ultimately hurt the U.S.-China trade relations, which are becoming more and more important for the bumpy global recovery, economists warned. |
发表于 2012-8-16 08:12:37
