{"id":604,"date":"2009-12-15T06:08:40","date_gmt":"2009-12-15T11:08:40","guid":{"rendered":"http:\/\/www.commerciallawinternational.com\/?p=604"},"modified":"2009-12-13T17:26:45","modified_gmt":"2009-12-13T22:26:45","slug":"china-puts-duties-on-imported-steel-from-us-and-russia","status":"publish","type":"post","link":"https:\/\/www.commerciallawinternational.com\/?p=604","title":{"rendered":"China Puts Duties On Imported Steel From US And Russia"},"content":{"rendered":"<p><em>By: Ainsley Brown<\/em><\/p>\n<p>In what is clearly a sign of the continuing rise of tensions in global trade relations, China last week imposed duties US and Russian steel. The target of the duties is flat rolled steel used in the electric power sector.<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"605\" data-permalink=\"https:\/\/www.commerciallawinternational.com\/?attachment_id=605\" data-orig-file=\"https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?fit=170%2C170&amp;ssl=1\" data-orig-size=\"170,170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"steel\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?fit=170%2C170&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?fit=170%2C170&amp;ssl=1\" class=\"alignright size-thumbnail wp-image-605\" title=\"steel\" src=\"https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?resize=150%2C150\" alt=\"steel\" width=\"150\" height=\"150\" srcset=\"https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.commerciallawinternational.com\/wp-content\/uploads\/2009\/12\/steel.jpg?w=170&amp;ssl=1 170w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/p>\n<p>According to the Chinese the steel products were being <a href=\"http:\/\/en.wikipedia.org\/wiki\/Dumping_(pricing_policy)\" target=\"_blank\">dumped<\/a> \u2013 that is being sold at below the cost of production \u2013 in the Chinese market by companies from both countries. Additionally, the Chinese government also alleges, in the case of the US companies, that the dumping was also a result of the <a href=\"http:\/\/en.wikipedia.org\/wiki\/American_Recovery_and_Reinvestment_Act_of_2009#Buy_American_provision\" target=\"_blank\">Buy America provisions of the US stimulus package<\/a>.<\/p>\n<p>Beijing\u2019s argument is that US steel companies benefiting from higher domestic prices, the result of Buy America, can afford to export at a lower price (i.e. dump) in China. The Chinese are in effect saying that Buy America is a subsidy that violates the WTO\u2019s subsidies provisions \u2013 well as far as flat rolled steel is concerned.<\/p>\n<p>It is interesting to note that this was the first time that China has investigated and imposed (<a href=\"http:\/\/www.businessdictionary.com\/definition\/countervailing-duty.html\" target=\"_blank\">countervailing<\/a>) duties in connection with subsidies on imported goods. While these duties \u2013 anti-dumping and countervailing &#8211; are expected to affect less than 1% of the Chinese steel market, they reflect the increasing political sensitivity that steel has in Chinese trade relations. These duties are no doubt a reaction to the Obama administration imposing duties on Chinese steel pipes and its investigation of cars and auto parts coming from China.<\/p>\n<h3 class='related_post_title'>Related Posts:<\/h3><ul class='related_post'><li><a href=\"http:\/\/www.commerciallawinternational.com\/?p=860\" title=\"US Chicken Being Dumped, Says China\">US Chicken Being Dumped, Says China<\/a><\/li><li><a href=\"http:\/\/www.commerciallawinternational.com\/?p=810\" title=\"China To Impose More Tariffs On Imported US Chicken.\">China To Impose More Tariffs On Imported US Chicken.<\/a><\/li><li><a href=\"http:\/\/www.commerciallawinternational.com\/?p=690\" title=\"EU Shoe Tariff Results In Chinese WTO Complaint\">EU Shoe Tariff Results In Chinese WTO Complaint<\/a><\/li><li><a href=\"http:\/\/www.commerciallawinternational.com\/?p=683\" title=\"US Chicken Feet To Face Chinese Duties\">US Chicken Feet To Face Chinese Duties<\/a><\/li><li><a href=\"http:\/\/www.commerciallawinternational.com\/?p=574\" title=\"Banana Trade War At An End?\">Banana Trade War At An End?<\/a><\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>By: Ainsley Brown In what is clearly a sign of the continuing rise of tensions in global trade relations, China last week imposed duties US and Russian steel. The target of the duties is flat rolled steel used in the electric power sector. According to the Chinese the steel products were being dumped \u2013 that is being sold at below&hellip; <span class=\"read-more-span\"><a href=\"https:\/\/www.commerciallawinternational.com\/?p=604\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;China Puts Duties On Imported Steel From US And Russia&#8221;<\/span><\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[77,6,3],"tags":[78,460,895,896,409,890,898,894,643,831,893,891,892,897,1611],"class_list":["post-604","post","type-post","status-publish","format-standard","hentry","category-government-policy","category-trade","category-wto","tag-ainsley-brown","tag-anti-dumping","tag-buy-america","tag-buy-america-subsidy","tag-china","tag-china-puts-duties-on-imported-steel-from-us-and-russia","tag-countervailing-duties","tag-dumped","tag-dumping","tag-duties","tag-flat-rolled-steel","tag-russian-steel","tag-us-steel","tag-us-stimulus-package","tag-wto"],"acf":[],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8VWXZ-9K","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/posts\/604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=604"}],"version-history":[{"count":1,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/posts\/604\/revisions"}],"predecessor-version":[{"id":606,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=\/wp\/v2\/posts\/604\/revisions\/606"}],"wp:attachment":[{"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commerciallawinternational.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}