HONG KONG (MarketWatch) -- The U.S. on Monday imposed dumping duties of about 61% on copper pipes and tubes from China and Mexico, according to reports.
The U.S. Commerce Department announcement was the latest sign of continued trade friction between China and the U.S. and came a day after China raised an antidumping duty on U.S. chicken products, months after the punitive measures were first introduced. Read full story of China’s antidumping duties on U.S. chicken products.
The U.S. duties will be as much 60.85% on $233 million of imports from China and as much as 31.43% on $130 million of imports from Mexico for the products, Bloomberg News reported, citing a U.S. Commerce Department statement. The report said the U.S. imposed the duties, acting on a complaint from Tennessee-based Mueller Industries Inc. (NYSE:MLI) and Cerro Flow Products LLC in St. Louis.
Reuters separately reported that the U.S. International Trade Commission could still strike down the duties if it determines that U.S. producers haven’t been materially injured or threatened by the imports.
