US sets duties on Chinese steel tanks

Updated: 2012-08-01 16:19

By Zheng Yangpeng (

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The United States Commerce Department on July 31 set a preliminary countervailing duties rate on steel tanks made in China.

The rate was set at 2.12 percent to 13.94 percent, the US Commerce Department said.

The US will also launch an antidumping probe on steel tanks made in China.

The US Commerce Department is expected to make a final decision later this year.

The duties will not be in place until the US International Trade Commission approves them.