国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

US steel industry overprotected: China's commerce ministry

(Xinhua) Updated: 2016-06-23 14:34

BEIJING - China's Ministry of Commerce (MOC) criticized a decision by the United States to impose punitive duties on Chinese steel products on Thursday, saying the US steel industry was overprotected.

"China is deeply worried about the United States's trade protectionism in the steel industry," the MOC said in a statement. "China believes that overprotection is the very reason US steel products uncompetitive."

The US trade authority ruled Wednesday that the US industry had been "materially injured" by imports of cold-rolled steel flat products from China and Japan.

As a result, the US Commerce Department will levy anti-dumping and countervailing duties on imports of these products from China at a rate of 265.79 percent and 256.44 percent, respectively.

There were 161 ongoing trade remedy duty orders issued by the US authorities on imported steel products as of the end of April, which shows excessive protection of the country's steel industry, the MOC said.

It attributed the global steel glut to slumping demand after the financial crisis, warning that growing US protectionism could only increase trade friction and conflict.

The best solution is stronger cooperation and coordination, the MOC said, calling for joint efforts to tap potential demand to benefit all countries.

It urged the United States to abide by World Trade Organization rules and apply trade remedy measures discreetly.

Hot Topics

Editor's Picks
...
苍南县| 资中县| 威海市| 江山市| 廊坊市| 巴中市| 闽清县| 石河子市| 贡嘎县| 南阳市| 隆化县| 甘洛县| 长丰县| 双柏县| 乐平市| 岑巩县| 南京市| 平远县| 探索| 衡阳县| 武山县| 焦作市| 天柱县| 莫力| 瓦房店市| 马山县| 马公市| 阿拉善盟| 利津县| 上林县| 富顺县| 彭阳县| 道真| 卢湾区| 滁州市| 平舆县| 合江县| 遵义县| 赫章县| 共和县| 和硕县|