China's US-bound steel pipe was 700 percent retaliatory tariffs but to abandon the U.S.

The face of the U.S. Department of Commerce has just hit the record 700 percent retaliatory tariffs, "give up" the majority of Chinese steel pipe into the helpless choice.

Yesterday, the U.S. Department of Commerce announced on China's major steel tube maker classes to about 700 percent of the comprehensive import tariffs, including a record 615 percent countervailing duty, domestic enterprises involved in the case said, would "withdraw from the U.S. market." In fact , As anti-subsidy investigations is the target of the government, enterprises can defend the space has been limited.

North American Iron and Steel Federation and the workers were from Illinois, Kentucky, Oregon, Pennsylvania and New Jersey, California and the six steel pipe manufacturers last year on low-priced Chinese steel pipe imports sued. After nearly a year of investigation, the U.S. Commerce Department last Friday announced that the Group Street to the Chinese pair of standard steel pipe exports of 615.92 percent of the class to countervailing duties to offset Chinese government subsidies, and another charge of 85.55 percent anti-dumping duties. At the same time, the U.S. Department of Commerce also of the other 31 Chinese steel enterprises of different classes to the high rate of countervailing duty and anti-dumping tax.

The U.S. International Trade Commission will be July 14 to make final decision, however, the atmosphere of despair has spread in advance.

Beijing WTO Affairs Center, chief executive ZHONG Qing lawyers yesterday an interview with reporters that the respondent and to enterprises as the main anti-dumping cases different, anti-subsidy cases to investigate major government-based, often involving government taxation, land use, infrastructure, coal Xinhua, and other departments, therefore, anti-subsidy should be more complex and China's lack of experience and more.

And the corporate position of the industry seems to be proof of helplessness. "This is the duty of any enterprise to go." Yesterday, the lesson was the highest rate of subsidy related to dual-Street Group said in an interview. However, with the majority of the company, dual-Street currently no further response plan. Prior to this, the U.S. side to the ultra-high punitive tariffs on Chinese enterprises to determine attributable to the investigation of the "mismatch", and most Chinese enterprises believe that in the United States "not unreasonable" before it, can only continue to deal with reactive and Back.

China's 2007 exports to the United States more than 876 million kg standard pipe, with a total of nearly 548 million U.S. dollars over 2005 exports to the United States increased by more than double. As the scale of exports and the continuous expansion of the steel industry in Europe and America in recent years China has become a "double against" the case "the hardest hit."






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