综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Less than one percent of Chinese steel exports sold to US

Xinhua | Updated: 2017-07-08 11:37

Less than one percent of Chinese steel exports sold to US

Workers load steel products at a logistics park in Yichang, Hubei province. [Photo/China Daily]

WASHINGTON - Although China is the world's largest steel-producing country, less than one percent of its steel products were exported to the US, a recent study from a leading US think tank showed, making China irrelevant to the steel investigation conducting by the US government.

Trump administration initiated an investigation on whether steel imports threaten to impair national security on April 20, by invoking a rarely used section 232 of the Trade Expansion Act of 1962. President Donald Trump claimed that "both the United States and global markets for steel products are distorted by large volumes of excess capacity -- much of which results from foreign government subsidies and other unfair practices."

Although Trump said the investigation has nothing to do with China, Secretary of Commerce Wilbur Ross who has been leading the investigation suggested that China was a major target.

However, the US purchased just 0.9 percent of Chinese steel exports in 2016, according to a report from Peterson Institute for International Economics (PIIE), a leading think tank based in Washington D.C.

China's steel exports to the US plunged by 57 percent from 2.21 million tons in 2015 to 0.95 million tons in 2016, because four trade remedies, including anti-dumping (AD) and countervailing duty (CVD) imposed by Obama administration went into effect in 2016. At the end of 2016, 20 US trade remedies against steel mill imports from China were in effect.

The US Commerce Department on May 10 launched the latest anti-dumping duty and countervailing duty investigations against imports of cold-drawn mechanical tubing from China, Germany, India, Italy, the Republic of Korea and Switzerland.

The Chinese Ministry of Commerce has kept urging Washington to abide by its commitment against protectionism and help maintain a free, open and just international trade environment.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
攀枝花市| 光山县| 石阡县| 尉犁县| 江安县| 密云县| 东方市| 辉南县| 白玉县| 丰宁| 太和县| 台山市| 池州市| 桓台县| 诸暨市| 霍州市| 石嘴山市| 萨迦县| 广宁县| 连山| 松阳县| 乃东县| 吴桥县| 潼南县| 汝阳县| 堆龙德庆县| 焦作市| 麻栗坡县| 张家川| 金昌市| 佛教| 江陵县| 马鞍山市| 新乡市| 吴川市| 长春市| 弋阳县| 慈利县| 隆安县| 福泉市| 册亨县|