Wednesday, March 3, 2010

US to Impose Anti-Dumping Duties on Chinese Salts, Coated Paper

(Xinhua)

The US Commerce Department said Tuesday that it would impose preliminary duties on imported Chinese potassium phosphate salts and coated paper, a move that may escalate trade disputes between the two countries.

In these countervailing duty (CVD) cases, the two products will face 109 percent and up to 13 percent duties, respectively.

Potassium salts are used in industrial cleaning products, fertilizers and food additives, while coated paper is used in printing of corporate annual reports and high-end catalogues and magazines.

The department said in separate statements that it had “preliminarily determined” that Chinese producers and exporters of the two products had received subsidies equivalent to the duties that were imposed.

“As a result of this preliminary determination, Commerce will instruct US Customs and Border Protection to collect a cash deposit or bond based on these preliminary rates,” said the statement.

According to the US government data, from 2006 to 2008, imports of certain potassium phosphate salts from China increased 228 percent by volume and were valued at about $16.4 million.

The Commerce Department will make its final determination in May. Read more here.