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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No countervailing duty from now: Australia withdraws tariff on Vietnamese aluminium extrusion
<p>The Viet Nam Competition Authority (VCA) made an announcement on Tuesday, 4th July, that the Australia Anti-Dumping Commission (ADC) completed an investigation on alleged dumping of aluminium extrusions. ADC will not impose countervailing duty on aluminium extrusions imported from Viet...
International Fair Trade Alliance warns against restrictions on imports of primary aluminium
<p>The International Fair Trade Alliance (IFTA) announced today July 6 that it opposes tariffs or other restrictions on the import of primary aluminium into the United States. Instead, IFTA calls on the U.S. Administration to curb directly illegal imports of Chinese semi-fabricated aluminium...
China’s export of aluminium foil estimated to rise in Q2 FY2017-18
<p>China’s export of light gauge aluminium foils are falling because of anti-dumping duty imposed by India and anti-dumping investigation by the US. The anti- dumping measures on aluminium foils affected the overseas export orders in China. Recently, aluminium processors told SMM that...
Indonesia plans to extend safeguard duty on aluminium-zinc coated steel sheet
<p>The Indonesian government has proposed to extend the safeguard duty on aluminium-zinc coated steel sheet for a further three years, which was set to expire this year. The government apprised the World Trade Organization (WTO) about the extension plan with different tax rates each year,...
Indian aluminium producers join in a petition against power duty hike in Odisha
<p>Major Indian aluminium producers National Aluminium Company Limited (Nalco), Hindalco, and Vedanta Aluminium have come forward to jointly protest against the massive power duty hike in Odisha, reported global news agencies Platts and Aluminium Insider. In a petition to the Government of...
DOC rules fake 6xxx aluminium pallets are covered by AD/CVD orders on Chinese extrusion
<p>In a much-awaited ruling, the U.S. Department of Commerce (DOC) announced yesterday, June 14 that the so-called “aluminum pallets” imported from China to USA, made of 6xxx-series aluminium alloy are covered by the scope of their antidumping and countervailing duty orders. The ruling...
Trump may implement new legislations on steel and aluminium import ‘very soon’
<p>On Monday June 12, President Donald Trump announced at a Cabinet meeting that the United States will soon implement new legislation to control the dumping of foreign steel and aluminium in the country.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Trump’s plan to tax aluminium import may hit the US beer industry hard
<p>Donald Trump’s administration is making an effort to save the US aluminium industry and its jobs by imposing tax on cheap aluminium imports. However, on the flip side, this extra tax on aluminium will be passed on to the end users and may raise the beer prices. Tim Weiner, the senior...
Australia withdraws countervailing duty on aluminium extrusions imported from VietNam
<p>Australian Department of Industry, Innovation and Science, through its Anti-Dumping Commission (ADC), issued a document to terminate part of an investigation on alleged dumping and subsidisation of aluminium extrusions imported from VietNam and Malaysia.</p> <p style="text-align: center;"><img...
Duty-free imports threaten Pakistan’s first can manufacturing plant
<p>The financial viability of Pakistan’s first aluminium beverage can manufacturing plant has been put to test within first month of its inauguration as the company expects stiff competition from duty-free imports of the same product from Sri Lanka under the Free Trade Agreement (FTA).</p>...
Trump to take major action if aluminium and steel investigation results yield national concerns
<p>President Trump said in a Tweet that he was looking forward to the results of investigations into whether aluminium and steel imports were endangering national security. He also assured that the government would "take major action" if necessary.</p> <p style="text-align: center;"><img...
India finally imposes anti-dumping duty on aluminium foil import from China
<p>To protect domestic aluminium manufacturers from below-cost imports and to ensure fair trade practices, India’s Finance Ministry has imposed a definitive anti-dumping duty of up to USD 1.63 per kg on imports of aluminium foil from China. </p> <p><img style="vertical-align:...
India imposes definitive ADD on imports of automobile aluminium radiators from China
<p>India has imposed a definitive anti-dumping duty of $22.89 on the imports of Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Aluminium Radiator Core, including in complete knocked down (CKD) or semi-knocked-down (SKD) conditions, for use in used/on road vehicles and generator sets,...
Vietnamese officials to inspect giant aluminium stockpile linked to Chinese billionaire
<p>According to a Vietnamese media report (VN Express International) a massive aluminium stockpile, believed to have arrived in Vietnam as a way of evading trade restrictions by a Chinese billionaire, would be inspected by ministry officials.</p> <p><img style="vertical-align: middle; display:...
Imports have been flooding into the aluminium industry, says US Commerce Secretary
<p>The U.S. Commerce Department yesterday launched a probe into aluminium imports as it might be affecting U.S. national security. The investigation is alike to the one that was launched by the administration last week into steel.</p> <p><img style="vertical-align: middle; display: block;...
AEC supports Trump administration’s steps to improve collection of antidumping and countervailing duties
<p>The Aluminum Extruders Council (AEC) is deeply appreciative of the steps the new administration is taking to put an end to abusive trade practices by importers and foreign companies that are causing massive U.S. trade deficits. By increasing the bonding requirements as indicated in the...
U.S. launches probe against Chinese aluminium foil manufacturers
<p>The United States Department of Commerce announced Tuesday, that it has launched a probe to determine whether Chinese aluminium foil imports in the U.S. should be subject to anti-dumping and anti-subsidy duties. The move comes just a few weeks after the U.S. aluminium foil industry accused China...
Australia issues anti-dumping notice on Vietnamese aluminium extrusions
<p>Australian Department of Industry, Innovation and Science’s Anti-Dumping Commission (ADC) issued an investigation notice last week regarding implementation of dumping and the countervailing duty on aluminium extrusions exported from Vietnam and Malaysia. The notice also included the...
