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US slaps duty on Chinese chemicals, paper
TRADE disputes between the United States and China are growing as the US Department of Commerce announced preliminary duties on imports of China-made potassium phosphate salts and coated paper.
Chinese producers of potassium phosphate salts may have to face a countervailing duty of up to 109 percent if they export their products to the US, while domestic makers of coated paper are facing a tariff between 4 percent and 13 percent.
The final ruling will come out in May.
Potassium phosphate salts are used in industrial cleaning products, fertilizers and food additives. Coated paper is for printing of high-end magazines, catalogues and corporate reports.
The case emerged in less than a week after the US decided to levy a tariff of up to 13 percent on Chinese seamless steel tubes.
Yao Jian, spokesman for the Ministry of Commerce in China, blasted the US moves as protectionism in the earlier cases, saying that "this is the US abusing its own trade relief measures."
Chinese producers of potassium phosphate salts may have to face a countervailing duty of up to 109 percent if they export their products to the US, while domestic makers of coated paper are facing a tariff between 4 percent and 13 percent.
The final ruling will come out in May.
Potassium phosphate salts are used in industrial cleaning products, fertilizers and food additives. Coated paper is for printing of high-end magazines, catalogues and corporate reports.
The case emerged in less than a week after the US decided to levy a tariff of up to 13 percent on Chinese seamless steel tubes.
Yao Jian, spokesman for the Ministry of Commerce in China, blasted the US moves as protectionism in the earlier cases, saying that "this is the US abusing its own trade relief measures."
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