TRADE WARS
US launches another trade case against China
by Staff Writers
Washington (AFP) June 12, 2018

US President Donald Trump's Commerce Department on Tuesday announced another trade action involving Chinese imports, with producers of steel propane tanks accused of dumping and unfair subsidies.

It is the latest in a series of disputes the Trump administration has taken up against Beijing, the largest of which are the looming 25 percent tariffs on $50 billion in Chinese goods amid complaints the country is stealing US technology.

The frictions with the Asian giant, as well as the latest conflict will allies like Canada and the European Union have threatened to spill over into a global trade war.

The latest complaint, lodged by US manufacturers in Ohio and Tennessee, argues that China is dumping and unfairly subsidizing the steel cylinders, which allegedly land on the US market at below cost, creating unfair competition for US companies, including two that filed a complaint with the Commerce Department.

The complaint says China subsidizes production by 55 to 109 percent through a variety of programs including taxes, grants and export credits for nearly $90 million in exports.

If Commerce determines the China provides the industry with unfair subsidies and is dumping the products, it will impose antidumping and countervailing duties to make the prices similar to US competitors.

The case also alleges dumping of the steel tanks by Taiwan and Thailand at lower rates.

Last year, the United States imported a little over $100 million in the propane cylinders from the three countries combined, according to the Commerce Department.


Related Links
Global Trade News

TRADE WARS
Trump trade fury torpedoes Canada's G7 summit
Quebec City (AFP) June 10, 2018
The G7 summit ended in farce and a renewed threat of global trade war as US President Donald Trump abruptly rejected the text of a consensus statement and bitterly insulted the Canadian host. Just minutes after a joint communique Saturday that had been approved by the leaders of the Group of Seven allies was published in Canada's summit host city Quebec, Trump launched a Twitter broadside from aboard Air Force One. The US leader left the meeting early en route for Singapore and a historic nuclea ... read more

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Saudi Arabia says new Yemen missile intercepted

Northrop tapped for ballistic radar detection services

Saudi Arabia says new Yemen missile intercepted

Raytheon contracted for ballistic radar systems for Romania

TRADE WARS
Saudi warns of military action if Qatar gets Russian missiles: report

Boeing contracted for test kits for air-launched cruise missiles

Orbital ATK to convert anti-radiation missiles for Navy

EU, NATO urge Russia to 'accept responsibility' for MH17

TRADE WARS
Aerial robot that can morph in flight

UAV aircrafts provide new insights into the formation of the smallest particles in Arctic

Lockheed Martin Stalker XE Upgraded with New VTOL Launch and Landing Capability

Autonomous glider can fly like an albatross, cruise like a sailboat

TRADE WARS
On-the-move communications system set to field this fall

Lockheed Martin's 5th AEHF comsat completes launch environment test

IAP Worldwide Services tapped for satellite systems

Hughes to prototype Multi-Modem Adaptor for Wideband SATCOM use

TRADE WARS
Army taps AM General for 300 Humvees

Oshkosh tapped for tactical vehicle support

Leidos tapped for services as unconventional weapons gain prominance

L3 tapped by Army for enhanced night vision goggles

TRADE WARS
Mack receives more than $296M for dump trucks

Dassault's death spurs speculation over fate of French empire

BAE welcomes Australian economic plan for defense industry

US to update Saudi artillery for $1.31 billion

TRADE WARS
NATO chief hails German defence spending boost

US sets up task force on diplomats sick in Cuba, China

Putin says ready to meet Trump 'as soon as' Washington is ready

Moscow students make rare protest against World Cup

TRADE WARS
AI-based method could speed development of specialized nanoparticles

Researchers use magnets to move tiny DNA-based nano-devices

Atomically thin nanowires convert heat to electricity more efficiently

Change the face of nanoparticles and you'll rule chemistry