China said on Friday it was raising anti-dumping duties on certain alloy-steel s...
BEIJING - China said on Friday it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the United States and the European Union.
The new tariffs are as much as 10 times the previous rates of 13%-14.1%, which were imposed in 2014 and expired on May 10. The increased steel tariffs come amid the escalating Sino-U.S. trade dispute that involves hundred of billions in goods passing between world’s two largest economies. The decision to extend and raise the anti-dumping tariff follows a request from the Chinese domestic steel tubes and pipes sector, the ministry said.
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