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The US imposed anti-dumping duties on some Chinese steel products

North America / Asia

the U.S. Department of Commerce has an idea, bro to impose 300% import duty on steel brackets that were released in China.

The US imposed anti-dumping duties on some Chinese steel products

on Friday evening the U.S. Department of Commerce announced its preliminary determination in the investigation of anti-dumping duties (AD) import of hardware steel products from China, finding that exporters are dumping steel clamps in the United States with a margin of 301,64 percent.

as a result of this decision, the Department of Commerce will instruct Customs and border protection U.S. to collect cash deposits from importers of hardware steel hardware from China on the basis of the provisional rate specified above.

In 2018, the import of hardware steel brackets from China were estimated at 88.8 million dollars.

the Applicant in the case of dumping is an American manufacturer of steel staples company Kyocera Senco Industrial Tools, Inc. (Cincinnati, Ohio).

the Final decision will be announced around may 19, 2020.

If the final decision is positive, the international trade Commission USA (ITC) will determine the final rate of duty until July 2, 2020.

"Strict adherence to trade laws the US is the main task of the administration trump. Since the beginning of the current administration, the Ministry of Commerce 187 the beginning of new investigations on anti-dumping and countervailing duties, which is 188 percent more than the same period in the previous administration," said the Ministry of Commerce.

Recall that in mid-January must undergo final negotiations between Washington and Beijing to conclude a comprehensive trade agreement, which provides for the expansion of free trade between countries and the abolition of a number announced protectionist measures.

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