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January 10, 2017

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US duties on building products disputed

THE Ministry of Commerce yesterday questioned the United States’ decision to slap heavy duties on certain construction products from China, promising necessary measures to defend the rights of companies involved.

The US Commerce Department said last week that certain biaxial integral geogrid products from China had been sold in the US at dumping margins of 372.81 percent and received subsidies of between 15.61 percent and 152.5 percent.

As a result, the department will instruct US Customs and Border Protection to require cash deposits at the final rates, according to the ruling.

Commenting on the move, the commerce ministry’s trade official Wang Hejun questioned the US investigation procedures, accusing US authorities of ignoring basic facts and abusing trade rules.

Wang urged the US to abide by World Trade Organization rules and cautiously take trade remedy measures.

Biaxial integral geogrid products are used in road construction and other projects for reinforcing foundations or working platforms that are built on unstable soil.

Imports of these products from China were estimated at about US$9.2 million in 2014, according to US official data.




 

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