UPDATE 3-U.S. locks in duties on Chinese aluminum sheet imports (Reuters U.K. – December 7, 2018)

https://uk.reuters.com/

WASHINGTON, Dec 7 (Reuters) – The U.S. International Trade Commission said on Friday it made a final determination that American producers were being harmed by imports of common alloy aluminum sheet products from China, a finding that locks in duties on the products.

The ITC determination means that duties ranging from 96.3 percent to 176.2 percent previously announced by the U.S. Commerce Department would be put in place for five years. The department said last month the products were being subsidized and dumped in the U.S. market.

The decision marked the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985. Usually, trade cases are launched based on a complaint from a U.S. producer or group of producers.

The Trump administration has promised a more aggressive approach to trade enforcement by having the department launch more anti-dumping and anti-subsidy cases on behalf of private industry.

There were contrasting reactions from trade organizations for aluminum producers and the recreational boating industry to the ITC move.

For the rest of this article: https://uk.reuters.com/article/usa-trade-china-aluminum/update-1-us-locks-in-duties-on-chinese-aluminum-sheet-imports-idUKL1N1YC15T

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