Newsclip®: [Business] China's Baosteel says high U.S. import taxes unfair | TODAYonline

"SINGAPORE - High import tariffs imposed by the United States on Chinese steel products were unfair, an official at China's leading steelmaker Baosteel Group said on Thursday. 'High taxes are unfair .... China doesn't have a large market share in the United States,' Zhang Dianbo, deputy general manager at Baosteel Group , told an industry conference. The United States on Tuesday said it would impose duties of more than 500 percent on Chinese cold-rolled flat steel, widely used for car body panels, appliances and in construction.",

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