U.S. steelmakers won a case over Chinese steel imports, as the U.S. International Trade Commission voted that the domestic industry has been damaged by subsidized steel from China.
The ruling Wednesday will result in duties of between 10% and 16% on future imports of Chinese steel pipes used to extract natural gas and oil. It is the latest in a string of trade decisions against China, the U.S.'s largest trading partner, and threatens to further aggravate trade tensions between the two nations.
On Tuesday, the U.S. imposed preliminary antidumping duties on imports of steel-grate products from China, prompting strong reaction from the Chinese, who said it sent a "wrong, protectionist signal." Earlier this year, the Obama administration imposed tariffs of 35% on consumer tires from China, which was answered by a Chinese probe into whether U.S.-made autos were being dumped in China at unfairly low prices.
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