Anti-dumping and Countervailing Duties for Chinese Aluminum Sheet
Department of Commerce:
On April 17th the Department of Commerce (DOC) announced its preliminary decision. This determination and the duties applied are intended to counteract unfair subsidization that distorts the price of aluminum sheet. These are preliminary duties, which means they may change between now and the final determination. These rates are effective on imports on or after the date the preliminary determination is published in the federal register (2-5 days from the release of the notice).
- Yongjie New Material Co., Ltd.| 31.20%
- Henan Mingtai Al Industrial Co., Ltd. ("Henan Mingtai ") and its affiliate Zhengzhou Mingtai Industry Co., Ltd. | 34.99%
- Companies Found to Be Non-Cooperative (Chalco Ruimin and Chalco SWA Cold-Rolling) | 113.30%
- All Other Companies | 33.10%
For Yongjie New Material and Henan Mingtai, Commerce made a preliminary negative critical circumstances finding, meaning no retroactive duties. For the Chalco companies and for all other companies, Commerce preliminarily made an affirmative critical circumstances finding meaning duties could be applicable on entries going back to mid January.
A decision on the anti-dumping investigation is to be made in mid-June. This determination will seek to rectify any determined dumping of the product at lower than fair market value.
International Trade Commission (ITC):
NATM has partnered with the National Marine Manufacturers Association (NMMA) and the Recreational Vehicle Industry Association (RVIA) in responding to the issue. Together this coalition has hired trade attorneys specializing in matters before the ITC as well as an economist who will prepare a report outlining the potential effect on the industry.
The ITC, in order to understand the intricacies of the issue and its impact, has created a draft survey for industry members to complete. Our trade attorneys submitted comments on the draft survey to ensure the survey scope includes questions at the heart of the tariff's impact. Once finalized and released it is paramount that those who are asked to participate do so in the time allotted.
A hearing is tentatively set in October before the ITC to continue to make a case for the impact of potential additional tariffs. The coalition will continue to engage and monitor the issue. NATM will update members as more information becomes available.
Steel and Aluminum Tariffs
However, as members have noted, those purchasing domestically or from exempted countries are still seeing rising prices and shrinking quote windows due to volatility in the market. NATM is continuing to engage with members of Congress on the matter and submitted comments to the House Committee on Ways & Means who underwent a hearing on April 12, 2018 covering the effects of tariffs on the U.S. economy and jobs. A copy of those comments can be found here.
Members hosting plant tours and writing to or otherwise communicating with their elected officials are encouraged to discuss the effects of these tariffs on their business.