US slaps anti-dumping duties on Chinese pipe fittings
The US Commerce Department has announced that it will now collect cash duties from importers of Chinese cast iron soil pipe fittings in response to the fittings being “dumped” into the American market.
Chinese exporters have sold the fittings in the United States at 68.37-109.95 per cent less than fair value, the department said on Wednesday, citing preliminary findings.
It also said that in 2016 imports of the fittings from China were valued at an estimated US$8.6 million. It will issue a final determination on June 27.
The highest “dumping rate” came from Sibo International Limited, according to the Commerce Department, which has put a duty on the company’s fittings of 109.79 per cent.
President Donald Trump’s administration has made protecting US manufacturers a priority.
Since Trump took office it has initiated 94 investigations into unfair subsidies and dumping, where a company exports products at artificially low prices.