u.s. sets hefty duties on chinese stainless steel sinks
WASHINGTON (Reuters)- The United States set up a preliminary counter on Friday. Dumping duties from 54. 25% to 76. 53% stainless steel sinks from China, the latest in a range of sinks in the United StatesS. Take action on goods imported from Asian manufacturers. The decision was a victory for the El Kai manufacturing industry for nearly a century. The old Illinois company has accused its Chinese rivals of selling sinks in the United States at unfair low prices. On the same day, President Barack Obama blocked a privately owned Chinese company from building wind turbines near a naval base in Oregon due to national security concerns. It was the U. S. Commerce Department\'s second round of duties on stainless steel sinks. In July, it set a preliminary countervailing duty ranging from two. 12% to 13 94% to offset subsidies from the Chinese government. Since taking office in 2009, the Obama administration has implemented about 40 counter-measures. Dumping and countervailing duties on Chinese goods. However, these cases are driven by industry petitions and there are very few cases at present. The biggest is Chinese. Anti-solar panels The dumping and countervailing tax case filed by SolarWorld us swvg. DE and other U. S. companies. The Ministry of Commerce faced a final tariff decision on the case in October 10 and another final decision in a case involving the Chinese Wind turbine towers were built later this year. The United States imported $118. In 2011, the price of the stainless steel sink in China rose from $98. 2010 1 million. Guangdong Dongyuan kitchenware Industry Co. , Ltd. Superte Kitchenware Co. , Ltd. Dumping duties 63. 87% and 54. 25% respectively. 19 Chinese exporters have been hit by 59 pounds. 06% preliminary duty. Tariffs on all other Chinese producers and exporters are £ 76. 53 percent. Companies need to issue bonds or cash deposits at initial interest rates. The United States will refund the money if a separate agencyS. The International Trade Commission decided to oppose tariffs in a vote next year.