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The United States said on Tuesday it set preliminary duties ranging from 2% to 438% on hundreds of millions of dollars of imported steel wire decking from China to offset government subsidies. It was the latest in a growing list of actions against imports from China, the United States' second-largest trading partner. Industry filed five new complaints against China in September, believed to be a record for a single month. Since January, the Commerce Department has launched at least one dozen investigations into charges Chinese companies receive government subsidies that allow them to sell more cheaply than U.S. competitors or "dump" goods in the United States at unfairly low prices regardless of profit or loss.

The preliminary decision on Tuesday concerns welded-wire rack decking, a product used in industrial and other commercial storage rack systems. U.S. companies imported an estimated $317 million of such decking in 2008, an increase of 49 percent from 2006.

Read the full story at reuters.com.

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