ITC commissioners will issue a final decision regarding duties on imported aluminium sheet from China in December
The US International Trade Commission (ITC) will issue a final decision regarding duties on imported aluminium sheet from China by 20 December following the Department of Commerce issuing its final antidumping and countervailing duties ranging from 96% to 176%.
The National Marine Manufacturers Association (NMMA) is urging the government to remove all duties on aluminium sheet, most recently before the ITC, testifying that in 2017, 44% of new boats – representing about US$3bn in economic value – and nearly 22,000 marine industry jobs could be negatively impacted.
The duties on Chinese aluminium sheet stem from an investigation initiated by the Commerce Department in late 2017, which found that Chinese companies and the government were artificially reducing the product’s cost. As a result, the price of aluminium sheet – including domestically produced materials – has increased by nearly 30-40%.
ITC commissioners will decide by the December deadline whether to completely eliminate or reaffirm the duties.