Posted at 6:05 PM
Today, the U.S. Department of Commerce (Commerce) announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of aluminum foil from the People’s Republic of China (China). This determination and investigation have no bearing on the 232 report on aluminum that is under consideration by President Trump.
“This Administration is committed to trade that is fair and reciprocal, and we will not allow American workers and businesses to be harmed by unfair imports,” said Secretary Ross. “This decision comes after a transparent process with a thorough and unbiased review of the facts.
Commerce determined that exporters from China sold aluminum foil in the United States at 48.64 to 106.09 percent less than fair value. Commerce also determined that China is providing unfair subsidies to its producers of aluminum foil at rates of 17.14 to 80.97 percent.
As a result of today’s decisions, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits from importers of aluminum foil based on the final rates.
In 2016, imports of aluminum foil from China were valued at an estimated $389 million.
The petitioner is the Aluminum Association Trade Enforcement Working Group.
The AD and CVD laws provide U.S. businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of dumping unfairly priced and unfairly subsidized imports into the United States.
Enforcement of U.S. trade law is a prime focus of the Trump administration. From January 20, 2017, through February 26, 2018, the Commerce Department has initiated 102 antidumping and countervailing duty investigations – a 96 percent increase from 52 in the previous period. The Commerce Department currently maintains 424 antidumping and countervailing duty orders which provide relief to American companies and industries impacted by unfair trade.
If the U.S. International Trade Commission (ITC) makes affirmative final injury determinations, Commerce will issue AD and CVD orders. If 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 decisions.
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 AD duties. Foreign companies that receive financial assistance from foreign governments that benefits the production of goods from foreign companies and is limited to specific enterprises or industries, or is contingent either upon export performance or upon the use of domestic goods over imported goods, are subject to CVD duties.