It seems that the U.S. administration has finally decided to respond to similar measures taken by China, such as imposing extra duties on U.S. made cars.
Another episode of the trade war between the United States and China aired yesterday after the U.S. Commerce Department announced that it has set new duties on steel wheels imported from China.
The Department said that Chinese manufacturers, who last year exported over US$84.2 million worth of steel wheels in the U.S., are selling them 44.96 to 193.45 percent (!) "below fair value".
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