Trade Cases
April 26, 2016
US Steel Files Section 337 Trade Complaint Against China
Written by John Packard
WASHINGTON, April 26, 2016 /PRNewswire/ — Today United States Steel Corporation (NYSE:X) filed a complaint with the U.S. International Trade Commission (ITC) to initiate an investigation under Section 337 of the Tariff Act of 1930, against the largest Chinese steel producers and their distributors. The 337 complaint alleges illegal unfair methods of competition and seeks the exclusion of all unfairly traded Chinese steel products from the U.S. market.
The complaint alleges three causes of action: the illegal conspiracy to fix prices, the theft of trade secrets and the circumvention of trade duties by false labeling.
