American government approve anti-dumping duties to the oil drill pipe made in China

Chinese exporters'' drill pipe for oil production will face antidumping and countervailing duties as high as 430 percent after the United States International Trade Commission (ITC) agreed on Monday (Tuesday in Beijing Time) on a 3-to-3 vote that the low-priced Chinese imports may threaten harm to US producers. The duties will take effect this month.

According to the statistic of the United Sates Business Ministry, oil drill pipe imported from China increased by one time from 2006 to 2008. The import amount in 2009 was 119.2 million US$