Trade - Subsidy

The US Commerce Department imposed preliminary duties of between 10.9% and 20.35% on imports of coated paper from China, reversing a decades-old policy of not applying tariffs on subsidised goods from non-market economies. "China's economy has developed to the point that we can add another trade remedy tool, such as the countervailing duty law. The China of today is not the China of years ago." said the American Commerce Secretary Carlos Gutierrez.

A Chinese Ministry of Commerce spokesman expressed "strong dissatisfaction" about the U.S. decision. arguing the American action "obviously does not conform with the current judicial precedent of U.S. courts and the consistent practice of the U.S. Commerce Department".

See previous post.