US to impose new duties on Chinese aluminum sheet products
WASHINGTON, November 8, 2018
The US Commerce Department has said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum sheet products of 96.3 percent to 176.2 percent, Reuters has reported.
The decision marks the first time that final duties were issued in a trade remedy case initiated by the US government since 1985, the report said.
The Trump administration has promised a more aggressive approach to trade enforcement by having the Commerce Department launch more anti-dumping and anti-subsidy duties on behalf of private industry, Reuters said.
The final aluminum sheet duties, however, were reduced from those first imposed in April and July. The initial combined range was 198.4 percent to 280.46 percent.
In 2017, imports of common alloy aluminum sheet from China were valued at an estimated $900 million, the Commerce Department said. The flat-rolled product is used in transportation, building and construction, infrastructure, electrical and marine applications. -Reuters
