US industrial policy needs to be systematic, not just ad hoc – Part 1
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 1 After decades during which the very concept was taboo and the reality swept under the rug, the US has now rediscovered industrial policy. But this rediscovery remains incomplete, as too much of it is...
US-Canada trade conflict widens as Canada hits US aluminium imports with 50% tariffs
Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
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U.S. aluminium foil converters concerned over the ripple effects of extra tariffs on Chinese foils
The U.S. Commerce Department has decided to impose tariffs ranging from 97 per cent to 162 per cent on Chinese made aluminium foil increasing it from the already existing 81% rate that the administration had imposed in the summer. Industry experts from the U.S. are of the view that the measure will...
China turns to WTO in aluminium foil dispute with United States
China’s Ministry of Commerce has asked the World Trade Organization (WTO) for consultations on a recent U.S. move to impose antidumping duties on imports of Chinese aluminum foil. The ministry, which accused Washington of breaking world trade rules after the United States on Oct. 27 imposed duties...
China to take measures against aluminium foil tariff; urges US to take corrective actions
China expressed dissatisfaction following the U.S. decision to impose duties on aluminium foil. The government will take necessary measures to safeguard the legal rights and interests of Chinese companies and reserve rights under the WTO’s dispute settlement mechanism. The U.S. Commerce Department...
U.S. imposes duties up to 162% on aluminium foil imports from China
U.S. Secretary of Commerce Wilbur Ross announced on Friday that the Commerce Department issued affirmative preliminary antidumping duty determination on aluminium foil from China. It was found that exporters of aluminium foil sold their product at prices below cost. The U.S. Commerce Department...
Trump administration may include steel & aluminium in NAFTA autos rules: sources
The Trump administration seeks to include steel, aluminium and other basic materials under North American Free Trade Agreement (NAFTA) rules. The U.S. wishes to use NAFTA to boost these industries. The government wants to propose strict use of North American-made steel, aluminium, copper and...
U.S. Commerce Department defers anti-dumping decision on China aluminium foil
In a statement published on Thursday, the U.S. Commerce Department said that it would defer the preliminary determination in an anti-dumping duty investigation into China aluminum foil imports by the US. The delay according to the department, would allow it "to fully analyse information pertaining...
U.S. DOJ alleges Zhongwang and its affiliate evaded $1.5 billion in tariffs by smuggling aluminum pallets into the country
The Aluminum Extruders Council (AEC) has learned through a Wall Street Journal (WSJ) report that “the U.S. Department of Justice is alleging that a California company evaded $1.5 billion in tariffs by conducting an illegal effort to smuggle banned aluminum into the U.S.” The article by the WSJ goes...
Data shows a tumble in aluminium foil export by China in H2 2017
<p>China is the top exporter of aluminium foil in the world. The export orders can be customised here according to the client’s requirement which makes it convenient for end users to import aluminium foils from the country.</p> <p>{newsStudioGallery}</p> <p>China’s Shenhuo Group...
China urges U.S. to act 'prudently' in aluminium foil dispute
<p>China urged the U.S. government on Thursday to act "prudently" to avoid damaging economic relations between the two countries, in a strongly worded response to Washington's preliminary decision to slap anti-dumping duties on Chinese aluminium foil.</p> <p><img style="vertical-align: bottom;...
U.S. imposes anti-dumping duties on Chinese aluminium foil imports
<p>The United States Commerce Department yesterday announced that they have imposed countervailing duties on aluminium foil imports from China. The Commerce Department found imports of aluminium foil from China are subsidised. The Department has imposed duties ranging from 16.56 per cent to 80.97...
US beverage industry lobbying against tariff on can sheets
<p>Trump administration’s protective policies that claim to boost the struggling U.S. industries and protect national security may create wide-ranging repercussions like increase in the price of beer and soda cans.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
China willing to join U.S. collaborative actions to resolve aluminium industry problems
<p>China finally expressed its willingness to participate in a collaborative approach to tackle the problems galore in the aluminium market. Referring to the findings of a probe by the U.S., China Ministry of Commerce called for an un-biased “global” approach to deal with the...
Japan aluminium industry fears U.S. trade action may prompt retaliation
<p>Japan's aluminium industry is worried that any U.S. trade action to block imports of the metal may result in surplus supply elsewhere and prompt a chain-reaction of retaliation by other nations, the head of a trade body said on Wednesday.</p> <p>U.S. President Donald Trump's administration is...
No exemption to aluminium cans in Sec. 232 probe: Aluminum Association urges U.S. Commerce
<p>The Aluminum Association President Heidi Brock wrote a letter to the secretary of the U.S. Commerce Department urging him not to exempt aluminium cans allegedly dumped by China in the U.S. market from the ongoing Section 232 investigations. Earlier this month, Can Manufacturers Institute...
U.S. automakers concerned over the possibility of tariff hike on imported aluminium and steel
<p>The U.S. automakers and suppliers are concerned about a possible decision to impose steep tariffs on imported steel and aluminium predicated on national security reasons, leading to higher costs and sale loss to foreign competitors.</p> <p style="text-align: center;"><img style="vertical-align:...
Can manufacturers seek duty exemption on aluminium can sheets
<p>The Can Manufacturers Institute (CMI) has asked the U.S. Commerce Department to exempt aluminium can sheets and other aluminium products, which are used to make beverage cans, from tariff or trade restrictions. CMI told aluminium can sheets are not a security risk that requires government...
G20 Summit: Australia wins US import tariff exemption for aluminium
<p>The prime Minister of Australia Malcom Turnbull and Finance Minister Mathias Cormann succeeded in lobbying US President Donald Trump and other officials on the sidelines of the recently ended G20 Hamburg Summit and won import tariff exemption for Australian aluminium (and steel), reported...
Curtain Wall Coalition holds ground against tariff on primary aluminium import to the U.S.
<p>The Curtain Wall Coalition (CWC) is an organization that represents the U.S. curtain wall fabricators and installers. As downstream consumers of aluminium, especially aluminium extrusions, they have expressed their stand against any tariff on the import of primary aluminium. They argued...
