U.S. Commerce Dept. confirms 14 countries guilty of dumping aluminium extrusions, levies up to 376.85% tariffs

The United States Department of Commerce has reportedly issued final determinations against fourteen countries involved in dumping aluminium extrusions and selling them at less than legitimate value in the US market. China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, Vietnam, and the United Arab Emirates are found guilty.

The department reports that these countries are thumped by antidumping tariffs at rates ranging from 2.02 per cent to 376.85 per cent and countervailing duties ranging from 1.44 per cent to 168.81 per cent.

The investigation was initiated in October 2023 by the U.S. Aluminium Extruders Coalition (USAEC), comprising fourteen American extruders and the United Steelworkers Union (USW), based on the alleged dumping of aluminium extrusions in the US market at the direct expense of the US industry.

In early May, the United States Department of Commerce released a preliminary list of countries dumping aluminium extrusions comprising the same fourteen names. The Commerce Department also revealed the average dumping rates from those countries, such as China depositing 4.91–376.85 per cent, Colombia 8.85-34.47 per cent, Ecuador 17.23-51.20 per cent, India 3.44-39.05 per cent, Indonesia 5.66-112.21 per cent, Italy 15.3-41.67 per cent, Korea 2.42 per cent, Malaysia 26.7-27.51 per cent, Mexico 9.18-82.03 per cent, Taiwan 33.93-57.86 per cent, Thailand 2.02-4.04 per cent, Turkey 45.44-602.72 per cent, UAE 9.13-42.29 per cent, and Vietnam 2.85-41.84 per cent.

AEC and USW officials applauded the Commerce Department for announcing the final determinations.

Robert DeFrancesco, trade counsel to the petitioners, said: “These final determinations are another key step in remedying the harm caused by illegal dumping by foreign producers of aluminum extrusions, many of which have also benefited from unfair subsidies. The U.S. industry looks forward to relief from these unfairly traded imports when the U.S. International Trade Commission issues its final determination in November 2024.”

Final duties may increase later, in which case US importers would owe additional duty amounts to the government.

Edited By: Debanjali Sengupta

Source: https://www.alcircle.com/news/u-s-commerce-dept-confirms-14-countries-guilty-of-dumping-aluminium-extrusions-levies-up-to-376-85-tariffs-112224