No anti-dumping penalties for Chinese tires in U.S.
WASHINGTON, DC - The United States International Trade Commission has determined a U.S. industry is not "materially injured or threatened with material injury" by imported Chinese truck tires that the U.S. Department of Commerce says are subsidized and sold below market value. As a result, the U.S. Department of Commerce will not issue antidumping and countervailing duty orders on the imported products.
Exports and imports rose in December
OTTAWA, ON - Canada recorded a trade surplus for the second consecutive month in December, with exports up 0.8% on the strength of higher energy products, and imports up 1%, largely on increases in aircraft and industrial machinery, Statistics Canada reports. But in terms of volumes, exports were down 1.4% because of drops in metal ores, non-metallic minerals, motor vehicles and parts. Import volumes were up 0.4%, based largely on industrial machinery, equipment and parts.