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U.S. Slaps Punitive Tariffs on Chinese Wire Decking


Post Date: 07 Jun 2010    Viewed: 494

The U.S. Commerce Department Friday set final anti-dumping duties (AD) and countervailing duties (CVD) on imports of 235.9-million-dollar wire decking from China, a move which might escalate trade disputes between the two countries.


"Commerce determined that Chinese producers/exporters have sold wire decking in the United States at 14.24 to 143.00 percent less than normal value," said the department in a statement.


Chinese Minister of Commerce Chen Deming recently called on world governments to remain alert to trade protectionism for the sake of a global recovery.


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