Latest News:  
Beijing   Sunny    26 / 12 ℃  City Forecast

People's Daily Online>>China Business

U.S. to continue probes into stainless steel sinks from China

(Xinhua)

14:22, April 14, 2012

WASHINGTON, April 13 (Xinhua) -- A U.S. federal trade panel determined Friday the U.S. industry was "materially injured" by importing stainless steel sinks from China amid concerns that such action would further fuel the country's protectionist sentiment.

The U.S. International Trade Commission (USITC) voted unanimously in the affirmative in the case, which was petitioned by Elkay Manufacturing Company based in Illinois.

Although there were only six U.S. producers in this industry in 2011, the commission believed there was "a reasonable indication" that the industry was threatened with material injury by imports of stainless steel sinks from China that were allegedly sold on the U.S. market at a less than fair value and subsidized by the Chinese government.

The USITC's move would allow the U.S. Department of Commerce to continue its investigations on imports of these products. The preliminary countervailing duty (CVD) determination is due around May 25, 2012, while the anti-dumping (AD) one is due around August 6, 2012.

These investigations, started on March 22 by the Commerce, intend to impose anti-dumping duty ranging from 22. 81 percent to 76.53 percent and countervailing duty at above 2 percent.

The United States consumed about 303.9 million dollars of stainless steel sinks in 2011, among which nearly 119.1 million U. S. dollars of products were from China, according to the USITC.

Trade tensions with China are a particularly sensitive issue as the United States is trying to boost its exports to revitalize a flagging economy and slash the unemployment rate in the aftermath of the 2008 financial meltdown and subsequent global economic recession that have hurt the U.S. economy badly and sparked a new wave of protectionism.

The Chinese Ministry of Commerce has repeatedly urged the United States to abide by its commitment against protectionism and work together with China and other members of the international community to maintain a free, open and just international trade environment.

Email|Print|Comments(Editor:张茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Kim Jong Un attends unveiling ceremony of statues of former leaders

  2. PLA submarine chaser group in attack-and-defense drill

  3. Eight lamas awarded highest academic degree

  4. House comes down

Most Popular

Opinions

  1. Security cooperation is SCO's shining point
  2. Syria ceasefire is not negotiable
  3. Freedom of speech does not protect rumors
  4. China's state-owned firms not 'non-market' entity
  5. China should be patient during peaceful rise
  6. Respond calmly to 'China threat theory'
  7. Why are Chinese goods more cheap abroad?
  8. Hold mainstream of China-ASEAN relations
  9. Asia-Pacific countries should promote free trade
  10. Anelka cannot save Chinese football

What's happening in China

Online shopping gaining popularity

  1. Suspected killer of five apprehended in E. China
  2. TV services reach China's remote rural regions
  3. China launches oil spill response vessels
  4. Storm delays flights in south China
  5. 1st Confucius Institute in N. Ireland opens its doors

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai