The U.S. Department of Commerce issued final affirmative determinations in its anti-dumping and countervailing duty investigations covering corrosion-resistant steel products from ten trading partners. The ruling confirms that imports from Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, the United Arab Emirates and Vietnam were either dumped in the U.S. market or unfairly subsidized by their governments. The determinations affect about $2.9 billion in annual shipments and clear the way for the U.S. Customs and Border Protection to begin collecting cash deposits equal to the final duty rates once they are published in the Federal Register. The decision aligns with the Trump administration’s broader trade policy, which has emphasized strict enforcement of existing laws and heavier use of tariffs to shield domestic producers.
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US Commerce Department affirms anti-dumping duties against 10 countries https://t.co/Gz8TrEVXny
📊 The US Commerce Dept. affirms anti-dumping duties on 10 countries, impacting $2.9B in corrosion-resistant steel imports. #Trade #Economics #USCommerce #SteelIndustry https://t.co/OKzLCpq21O