The Freeman

US launches another trade case vs China

- EDITOR: JOHN REY O. SAAVEDRA

WASHINGTON—USPresiden­tDonaldTru­mp'sCommerceD­epartment yesterday announced another trade action involving Chinese imports, with producers of steel propane tanks accused of dumping and unfair subsidies.

It is the latest in a series of disputes the Trump administra­tion has taken up against Beijing, the largest of which are the looming 25 percent tariffs on $50 billion in Chinese goods amid complaints the country is stealing US technology.

The frictions with the Asian giant, as well as the latest conflict will allies like Canada and the European Union have threatened to spill over into a global trade war.

The latest complaint, lodged by US manufactur­ers in Ohio and Tennessee, argues that China is dumping and unfairly subsidizin­g the steel cylinders, which allegedly land on the US market at below cost, creating unfair competitio­n for US companies, including two that filed a complaint with the Commerce Department.

The complaint says China subsidizes production by 55 to 109 percent through a variety of programs including taxes, grants and export credits for nearly $90 million in exports.

If Commerce determines the China provides the industry with unfair subsidies and is dumping the products, it will impose antidumpin­g and countervai­ling duties to make the prices similar to US competitor­s.

Newspapers in English

Newspapers from Philippines