The U.S. government has found that Chinese exports of aluminum wire have been subsidized, causing material damage to American industry. That will allow tariffs to be applied on top of those in place since July 2018 under the section 301 program that has been the basis of the U.S.-China trade war. U.S. imports of aluminum wire from China already fell by 82.9% year over year in 3Q. That’s been partly offset by a 52.5% surge in imports from Turkey as well as a 62.8% jump in shipments from Ecuador. Major shippers from Turkey and Ecuador therefore face the risk of a widened tariff investigati...
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