Home Depot and Ikea Shelves On The Rack As Two Steel Cases Overlap — Panjiva


Home Depot and Ikea Shelves On The Rack As Two Steel Cases Overlap

China 1758 Cons. Discr. - Durables 107 Cons. Discr. - Retailing 156 Metals - Steel 360 Tariffs 1169 U.S. 3297

The U.S. Commerce Department has launched anti-dumping and subsidy investigations of Chinese steel shelving exports. The products targeted will also become subject to 10% duties as part of the Trump administration’s proposed sanctioning of $200 billion of Chinese exports. American imports of steel shelves covered by the case climbed 36% on a year earlier in the second quarter with Chinese shipments surging 54% higher. Leading buyers of metal shelves including Home Depot and Ikea will have to decide whether to alter their supply chains or accept higher costs – which they could pass ...

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