金融英语阅读：U.S. sets duties on imports of Chinese paper

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　　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.
6 G: c# c" K# J. ^0 n( D　　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.
! d' F6 I0 |5 ~8 p　　The department said in a statement that Chinese producers and exporters of the products had received subsidies equivalent to the duties that were imposed.
　　"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.
9 D7 H! R+ |# }8 ?2 n　　"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."
　　According to the U.S. government data, imports of certain coated paper from China were valued at about 279.4 million dollars.
! F; O- y" V2 @( G　　The ITC will make its final determination in November.
　　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.
; S+ Y4 E* o& C& ^4 @' S5 o　　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.