Unsurprising Aluminum Decision Is Already Drawing In Higher Sheet Imports — Panjiva
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Unsurprising Aluminum Decision Is Already Drawing In Higher Sheet Imports

China 3048 Materials - Metals/Mining 792 Metals - Aluminum 270 Tariffs 1866 U.S. 5399

The U.S. ITC has voted to continue the Commerce Department’s “self initiated” investigation of Chinese exports of common alloy aluminum sheet. That’s not a huge surprise, particularly given the importance of self initiated cases to the Trump administration’s more forceful trade policy. It may be complicated, however, by the broader section 232 review of the aluminum industry that is due to report shortly. The case was likely chosen for its simplicity. Chinese exports were priced at 88% the level of average U.S. imports, though they surged to 94% in November. Buyers are likely following a...

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