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Monday, April 30, 2018

US: Aluminum plates imported from China are subsidized by the government

The Aluminum Association of America said on April 17 that the Commerce Ministry had made a preliminary decision that aluminum plates imported from China benefited from unfair subsidies.

According to preliminary calculations by the US Department of Commerce, aluminum alloy panels commonly imported from China are subsidized from 31.2 to 111.3%. In a move to deal with trade disputes with China, the United States told the World Trade Organization (WTO) that Washington had agreed to discuss with Beijing the efforts of the Trump administration. imposing new tariffs on steel and aluminum as well as a series of imports from China. Also on April 17, a Geneva-based trade official said the move was a welcome but not obligatory step, giving Washington more time to resolve disputes with the United States. Beijing. Earlier, on April 10, the WTO said China had asked for consultations at the agency on the contradictions between China and the United States around the new tariffs imposed by Washington on imported aluminum products. from China. Beijing says these tariffs have violated international trade laws. According to the WTO, the Chinese side has sent a proposal since April 5 with the content of the request for WTO arrangements for consultations in 60 days. If not succeed, Beijing next step may ask the WTO dispute settlement body to rule on this matter.

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