Rubio arrives in Jeddah ahead of U.S.-Ukraine talks, expresses optimism for peace negotiations    Minister of Interior: Those 8 months led to a 'turning point' for Saudi women    Saudi justice minister calls for clear and consistent legal reasoning in rulings    Jeddah Historic District draws 1 million visitors in first week of Ramadan    Liquidity in Saudi economy records annual growth of SR236 billion in 2024    PIF launches Al Waha — the first Saudi-owned duty-free retail operator    GASTAT: Industrial production index rises 1.3% in January    Grand Mosque cleaning teams complete full sanitation in just 35 minutes    Romanian far-right presidential hopeful barred from poll rerun    Canada's next leader takes aim at Trump, vows to win trade war    Grown frustrated with the republic, many Nepalis want the monarchy back    Prince Frederik of Luxembourg dies from rare disease    Saudi Exchange approves Morgan Stanley Saudi Arabia as Market Maker on eight listed securities    Al Shabab stuns 10-man Al Nassr with late equalizer; Al Hilal closes gap at the top    Saudi taekwondo star Dunia Abu Talib wins IOC gender equality award for Asia    Kanté rescues Al Ittihad with last-gasp equalizer against Al Qadsiah    Mitrović returns to boost Al Hilal ahead of crucial clashes, Savić sidelined    Real-life shipwreck story wins major book award    Islamic Arts Biennale celebrates Ramadan with 'Biennale Nights' in Jeddah    Nora Razian and Sabih Ahmed appointed artistic directors for 2026 Diriyah Contemporary Art Biennale    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US, China announce anti-dumping steps
Published in Saudi Press Agency on 22 - 04 - 2010

The United States and China have announced new anti-dumping steps against each other over aluminum, nylon and optical fiber, possibly reviving strains over trade and currency that had eased in recent weeks, AP reported.
The U.S. Commerce Department said Wednesday it was launching an investigation into whether Chinese extruded aluminum products were being dumped, or sold at improperly low prices, due to government subsidies or other aid.
China's Commerce Ministry criticized the measure, saying it «strongly opposes such abuse of trade remedies.» It called on Washington TO avoid protectionist steps that it said would harm the global economic recovery.
Also Thursday, the Commerce Ministry said it was imposing anti-dumping duties of up to 96.5 percent on imports of polycaprolactam, or nylon 6, from the United States, Europe, Russia and Taiwan.
In a separate case, the ministry said it also was launching an investigation into possible dumping of a type of optical fiber known as dispersion unshifted single-mode optical fiber from the United States and Europe.
The latest moves could reignite strains over U.S. complaints about China's currency controls, which critics say keep the Chinese currency undervalued and give its exporters an unfair price advantage. The two sides have made a series of conciliatory gestures in recent weeks _ including a visit by Chinese President Hu Jintao to Washington.
The two governments have launched a series of trade cases over access to each other's markets for tires, steel, movies, music and other goods.
Products cited in the latest U.S. complaint are used in making window and door frames and sills, gutters, and solar power frames. The Commerce Department said their prices were alleged to be 32.5 to 33.3 percent too low. The department said it would issue a preliminary report May 17 and a final determination in May.
-- SPA


Clic here to read the story from its source.