Friday, March 30, 2007

UPDATE 1-US, in policy shift, sets new duties on China goods

(Reuters) - "China's economy has developed to the point that we can add another trade remedy tool, such as the countervailing duty law. The China of today is not the China of years ago," U.S. Commerce Secretary Carlos Gutierrez told reporters.

Gutierrez announced a preliminary countervailing duty level of 10.90 to 20.35 percent on the coated paper from China.


Read more at Reuters.com Bonds News

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