U.S. imposes tariffs on aluminum sheet from 18 countries

WASHINGTON (Reuters) - The United States is imposing new tariffs on $ 1.96 billion worth of aluminum sheet products from 18 countries after discovering the goods have been dumped, U.S. Commerce Secretary Wilbur Ross said Friday.
The tariffs were immediately imposed on countries like Germany and Bahrain, although the ministry's finding that there was dumping was preliminary, he told Fox Business Network.
Brazil, Croatia, Egypt, Greece, India, Indonesia, Italy, Oman, Romania, Serbia, Slovenia, South Africa, South Korea, Spain, Taiwan and Turkey are also affected.
Ross said the U.S. International Trade Commission will make the final decision in February 2021.
He said China was not on the list and that US tariffs had already been imposed on Beijing's aluminum products, leading to Chinese overcapacity, crowding out production in other countries and leading to dumping in the US.
The tariff rate would be highest against Germany at 52% to 132%, followed by Bahrain with single-digit rates, said Ross.
He said an increase in US consumption of certain products during the pandemic, such as recreational vehicles and boats, has increased the importance of aluminum sheet pricing.


(Reporting by Susan Heavey; Editing by Toby Chopra and Edmund Blair)

You should check here to buy the best price guaranteed products.

Last News

Hayden Panettiere Keeps Daughter Kaya Close to Her Heart in New Selfie

Making These 3 Tweaks to Your Home Could Help Strengthen Your Immune System

Dave Chappelle's alma mater will rename theater after comedian despite fundraising challenge

Lowering the queen's flag -- Barbados becomes a republic

'The Sopranos' star Lorraine Bracco reveals she was upset over her character's 'rough' ending: 'I would have liked for it to have been more meaningful'

'The Sopranos' star Lorraine Bracco reveals she was upset over her character's 'rough' ending: 'I would have liked for it to have been more meaningful'