Latest News:  
Beijing   Sunny/Cloudy    16 / 4   City Forecast

Home>>China Business

U.S. to impose antidumping duties on multilayered wood flooring from China


13:20, November 10, 2011

WASHINGTON, Nov. 9 (Xinhua) -- The U.S. International Trade Commission (USITC) Wednesday cleared the way for the U.S. government to levy antidumping duties on imports of multi-layered wood flooring from China.

The USITC also said in its website that the U.S. Commerce Department has already made a ruling last month supporting the antidumping duties.

According to the Commerce Department ruling, the U.S. would impose 58.84 percent-antidumping duties and countervailing duties of up to 26.73 percent on imports of this product from China.

Imports of multi-layered wood flooring from China were valued at an estimated 310 million U.S. dollars in 2010, accounting for more than 40 percent of such products consumed in the U.S., according to the USITC.

The U.S. move came at a time when protectionism is making a comeback in America amid sluggish economic recovery. It was widely believed that such actions would only hurt U.S.- China trade relations that are increasingly critical to global recovery.

  We Recommend  


Leave your comment0 comments

  1. Name


Selections for you

  1. Buddhist art exhibition held at the Museum of World Religions in Taipei

  2. Sotheby's yellow diamond to sell at record price

  3. U.S. aircraft carrier USS George Washington pulls in HK waters

  4. Lantern Festival kicks off at the Cheonggye stream in central Seoul

Most Popular


  1. China's dilemma over Iran goes deeper
  2. China must act to save energy, cut emissions
  3. Will US, Israel attack Iran?
  4. Market blow away 'special air' rumors
  5. Bridges and factories could woo American hearts
  6. Keeping a cool head crucial ahead of big events
  7. US must ease restrictions on exports to China
  8. No easy answers in Greek debt crisis
  9. House prices, pain and gain
  10. Why China gains big leap skyward

What's happening in China

Beijing plans to ID chip city's pooches

  1. Fire prevention a top priority for city campaign
  2. Shanghai's subway microblog 'influential'
  3. Student gives lesson in care
  4. Home prices hit turning point, start to drop
  5. Hiigh hope for plant-based biofuel for airlines

PD Online Data

  1. Lunar New Year´s Eve (I)
  2. Lunar New Year´s Eve (II)
  3. Little New Year (I)
  4. Little New Year (II)
  5. House Cleaning