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China angered by US tariffs on steel exports
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CHINA yesterday decried a decision by the United States to impose steep duties on its cold-rolled flat steel.
The Ministry of Commerce said China was “strongly dissatisfied” with the US for its final ruling on Chinese exports of cold-rolled flat steel.
The US adopted unfair methods in its anti-dumping and anti-subsidy probes into Chinese products, it said, adding that China is taking action under the World Trade Organization dispute settlement framework.
Since 2015, the US has taken frequent trade remedy measures “to shift its domestic steel industry hardships abroad, violating the principles of the WTO and disrupting the order of the steel trade,” it said.
The steel industry faces global challenges. Resorting to protectionism will not solve the problem, it said.
On Tuesday, the US Commerce Department set anti-dumping duties of 265.79 percent and anti-subsidy duties of 256.44 percent on imports of cold-rolled flat steel from China.
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