Friday, January 1, 2010
The U.S. International Trade Commission voted this week to impose countervailing duties of 10.36% to 15.78% on Chinese-made steel pipes, which are used mostly in the oil and gas industries. The decision will affect $2.8 billion of Chinese exports and is reported to be the largest steel-trade dispute in U.S. history.
China criticized the vote and called on the United States to "correct its mistake." The AD duty calculation (by the U.S. Department of Commerce) and material injury determination (by the U.S. International Trade Commission) can be appealed to the U.S. Court of International Trade.
Click here to read more about the U.S. International Trade Commisssion's vote on Oil Country Tubular Goods from the People's Republic of China. That link includes a short description of factual highlights from the investigation. The International Trade Commission's public report Certain Oil Country Tubular Goods from China Investigation No. 701-TA-463 (Final), USITC Publication 4124, January 2010) will contain the views of the Commission and information developed during the investigation.