US confirms anti-dumping duties on aluminum imports from 18 countries

NEWS 03.03.202115:15 0 komentara
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The US Commerce Department on Tuesday ordered revised duties on aluminum from 18 countries investigated for dumping practices, including Croatia, Reuters reported.

The anti-dumping case investigated by American authorities had been initiated under the Trump administration in March 2020. In October the US government introduced preliminary duties on imports from 18 countries.

The group includes Germany, Italy, Spain, Croatia, Slovenia, Serbia, Romania, Greece, Turkey, India, South Korea, Taiwan, Indonesia, Egypt, Oman, South Africa, and Bahrain. The US Commerce Department on Tuesday confirmed the introduction of duties.

The duties are set individually for every country. Germany was initially hit with the highest anti-dumping rate ranging from 49-243 percent, which has now been slightly lowered compared to October. Germany is the single largest exporter of aluminum sheeting to the United States, valued at $287 million in 2019.

Bahrain, second largest exporter with $241 million worth of aluminum exports to the United States, was hit by a 4.8 percent anti-dumping duty rate and an anti-subsidy rate of up to 6.4 percent.

The rate for aluminum imports from Croatia was set at 3.19 percent, nearly unchanged from October when it was 3.22 percent. Aluminum imports from Turkey will be taxed the lowest, at 2.02 percent.

The duties will come on top of 10 percent tariffs imposed on most aluminum imports by the Trump administration.

The new duties were announced just hours after Rhode Island Governor Gina Raimondo won confirmation as the new US Commerce Secretary in the Biden administration.

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