Posted at 7:00 PM
Today, U.S. Secretary of Commerce Wilbur Ross announced affirmative preliminary determinations in the antidumping duty (AD) investigations on silicon metal, finding that exporters from Australia, Brazil, and Norway have sold this merchandise in the United States at rates ranging from 20.79 percent, 56.78 percent to 134.92 percent, and 3.74 percent, respectively at less than fair value.
The Commerce Department will instruct U.S. Customs and Border Protection to collect cash deposits from importers of silicon metal from Australia, Brazil, and Norway based on these preliminary rates.
“The U.S. values its relationships with these nations, but even friendly countries must play by the rules,” said Secretary Ross. “We will continue to review all information related to this preliminary determination while standing up to the American worker and business.”
In 2016, imports of silicon metal from Australia, Brazil, and Norway were valued at an estimated $33.9 million, $60.0 million, and $21.6 million, respectively.
The petitioner is Globe Specialty Metals, Inc. Its production facilities are located in Alabama, New York, Ohio, and West Virginia.
Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20, 2017, through October 5, 2017, Commerce has initiated 65 antidumping and countervailing duty investigations – a 48 percent increase from the previous year, and a 16-year peak in the number of investigations initiated in a single fiscal year. For the same time period in 2016, The Commerce Department had initiated 44 antidumping and countervailing duty investigations.
Commerce currently maintains 411 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade. Antidumping laws provide U.S. businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of dumping unfairly priced products into the United States.
Commerce is currently scheduled to announce its final AD determinations on February 16.
If Commerce makes affirmative final determinations of dumping and the U.S. International Trade Commission (ITC) makes affirmative final injury determinations, Commerce will issue AD orders. If Commerce makes negative final determinations of dumping or the ITC makes negative final determinations of injury, the investigations will be terminated and no orders will be issued.
Click HERE for a fact sheet on today’s decision.
The U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade laws and does so through an impartial, transparent process that abides by international law and is based solely on factual evidence.
Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to antidumping duties.
In fiscal year 2016, the United States collected $1.5 billion in duties on $14 billion of imported goods found to be underpriced or subsidized by foreign governments.