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Chinese pipes

US hits Chinese pipes with 132% import duties

WASHINGTON: On the eve of renewing talks to try to defuse the spiraling trade dispute with China, the US Commerce Department hit the country with import duties of 132 percent on metal pipe. Commerce said China was selling the large diameter welded pipe used in the oil and gas industry far below the fair price, and that dumping harms US industry, according to the preliminary decision. US imports of the pipe from China last year totaled $180 million. Although this case is a separate from the series of punitive tariffs…