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China opposes against US anti-dumping duties

09-16-2010 09:22 BJT

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Ministry of Commerce spokesman, Yao Jian, says China resolutely opposes the U.S. decision to impose anti-dumping and countervailing duties on Chinese steel products. The U.S. Government said Monday it will impose anti-dumping duties ranging between 49 and 99 percent, and countervailing duties of 13 to 54 percent on Chinese seamless steel pipes, imported to the States.

Yao Jian, Spokesman of Ministry of Commerce said "Such action hurts the interests of China badly. It is not accepted by the Chinese industries and Government. Since 2007, the U.S. has launched anti-dumping and countervailing investigations on 15 kinds of Chinese steel products with a total value of nearly 7 billion U.S. dollars. The investigations usually lead to tariffs being imposed, and involved products make up about one third of China's steel exports to the States. It will definitely hurt the trade relations between China and the US. China is resolutely against it."

Editor:Xiong Qu |Source: CNTV.CN

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