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Economy

US Commerce Department to impose duties on welded pipes from India, four others

Updated : June 21, 2018 09:36 AM IST

The US Commerce Department on Wednesday announced a preliminary finding that imports of large-diameter welded pipe from China, India, South Korea and Turkey were subsidized by those countries, and said it was imposing preliminary duties that could top 500 percent.
The Commerce Department opened an investigation in March into whether six countries, including Canada and Greece, were dumping the pipe.
The probe is one of more than 100 cases that President Donald Trump’s administration has opened since taking office that are aimed at protecting US manufacturers in global markets.
US Commerce Department to impose duties on welded pipes from India, four others
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