The U.S. introduces significant anti-dumping duties on tin mill and tin plate steel imports from China, Germany, and Canada, igniting a fresh wave of trade tensions.
The U.S. Department of Commerce recently decided to enforce preliminary anti-dumping duties on imports of tin mill and tin plate steel from China at a duty rate of 122.5%. As this is the highest preliminary rate, the move provoked severe criticism from trade analysts and experts across China. also applies to China’s leading manufacturer, Baoshan Iron and Steel. In addition, the Department of Commerce plans to apply duties of 7.02% on tin mill imports originating from Germany and 5.
Meanwhile, a Global Times report quoted Chen Jia, an independent analyst in global strategy, as saying the move went beyond the boundaries of competitive anti-dumping inquiries. According to Jia, the decision violated the WTO principles, including free trade, fair competition, and equitable negotiations. He further alleged that the steel and aluminum tariffs imposed by the U.S. represented a violation of global trade norms.
Consisting of three experts, the WTO panel concurred with United States officials, who claimed that China’s tariffs ran afoul of the principle of most-favored-nation status. They also agreed that the move breached other trade concessions that China had agreed to upon joining the trade organization.
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