U.S. Will Impose Duties On Common Alloy Aluminum Sheet From China
Last Tuesday, U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the first antidumping duty (AD) trade case the federal government has initiated since 1985. The case concerned imports of common alloy aluminum sheet from China, which, in 2017, were valued at an estimated $900 million. The department found exporters from China have sold common alloy aluminum sheet in the United States at 167.16 percent less than fair value. As a result, U.S. Customs and Border Protection (CBP) will collect cash deposits from importers of common alloy aluminum sheet from China based on these preliminary rates.
In a statement, Secretary Ross said, “The Department of Commerce will do everything in its power to stop the flow of unfairly subsidized or dumped goods into U.S. markets. We will continue to strictly enforce U.S. laws to defend American workers, industries, and communities from the scourge of unfair and unbalanced trade.” The department will announce its final determination in this case on October 30, 2018.
In addition to its statement, the Commerce Department released a fact sheet on the case, which is available here.