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Material Handling Headlines
China Responds to U.S. Anti-Dumping Measures
- 2/4/2010
China has accused the United States of straining their vast economic relationship through a slew of anti-dumping measures, adding to growing tensions between the two global powers.
The spokesman for China's Ministry of Commerce, Yao Jian, made the comments on Monday, responding to a U.S. trade panel's recent decisions to set preliminary anti-dumping duties on electric blankets and wire decking from China.
In 2009, U.S. wire decking producers AWP Industries Inc., ITC Manufacturing Inc., J&L Wire Cloth Inc., Nashville Wire Products Inc. and Wireway Husky Corp. asked the Commerce Department to impose anti-dumping duties of 143 percent to 316 percent on the Chinese product.
Yao's warning came while Beijing is also at loggerheads with Washington over U.S. arms sales to Taiwan, the self-ruled island that China deems a breakaway province.
His strong words suggested trade friction could stoke broader tensions between the world's biggest and third-biggest economies.
Read the full story at: reuters.com
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