U.S. initiated an anti-dumping probes on Chinese aluminum import

Date: 11:44, 30-11-2017.

Almaty. November 30. Silkroadnews - The U.S. initiated an anti-dumping investigation on the Chinese aluminum import, the Asahi Shimbun newspaper reported.
“The Trump administration launched an aggressive new trade action against China on Tuesday, opening the first U.S. government-initiated anti-subsidy and anti-dumping probes in decades into imports of Chinese aluminum alloy sheet,” the report said.
The rarely used tactics are aimed at accelerating the introduction of duties to deal with unjustified subsidies and dumping prices. When import of any goods is harmful to the U.S. companies they must first contact the Department of Commerce to initiate an investigation, though the government may initiate the investigation without department of commerce involvement.
“The aluminum move against China comes less than a month after Trump’s first trip to Beijing, during which he heaped praise on Chinese President Xi Jinping and lauded U.S. business deals with China valued at hundreds of billions of dollars,” the publication reads.
With this it also says, anti-dumping and anti-subsidizing probes are not a part of the Commerce’s national security investigation regarding the import of aluminum and steel from the PRC.
Within the framework of a separate anti-dumping and anti-subsidizing investigation of import of aluminum foil from China, the U.S. Department of Commerce introduced combined duties in the amount of 108% to 243% in October.
According to Wilbur Ross, the U.S. Commerce Secretary, the Department has evidence that aluminum producers in China were selling leaf products in the United States at prices below fair value and benefited from unjust government subsidies.
“Available evidence also indicates that U.S. producers of aluminum sheet are suffering injury caused by these imports,” the agency quoted Ross saying.
The Commerce Department estimated anti-dumping duties on Chinese sheet aluminum in the amount of from 56.54% to 59.72%.
In 2016, imports of sheet aluminum from China, which is commonly used in construction, transport and electrical equipment sector amounted to around $603.6 million. The investigation will not touch the aluminum used for the production of food cans.

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