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New development in the USA, China pipe shipment!

The USA has stopped shipping pipes to China via the Philippines and Brunei.

New development in the USA, China pipe shipment!

The U.S.A. Department of Commerce said its investigation showed Chinese companies bypassed anti-dumping and countervailing duties on welded oil and gas pipes (OCTG) by supplying them to the U.S. for finishing and re-export in countries like the Philippines and Brunei.

Therefore, USDOC will instruct U.S. Customs and Border Protection (CBP) to charge cash deposits of AD tax equal to 99.14% tax rate throughout China for such products, and CVD cash deposits equal to all other products. 27.08% rate.

The investigation was initiated by USDOC in November 2020.

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