NEWS RELEASES
International Trade Commission Rules In Favor of Domestic Aluminium
Editor's Note: This news item was retrieved and first published through The RV Industry Association's website.
The U.S. International Trade Commission (ITC) recently ruled in favor of the domestic aluminum industry by a unanimous 5-0 vote, citing Chinese companies and government artificially reducing the cost of aluminum sheet, and finding injury for the domestic aluminum industry. As a result, the antidumping and countervailing duties set by the U.S. Department of Commerce will be made permanent.
The RV Industry Association (RVIA) testified against these duties citing the increased aluminum costs for American businesses, including those in the RV industry, even for those companies using domestically produced aluminum.
In November, Commerce set final anti-dumping duties ranging at about 50 to 60 percent on the imports to offset unfairly low prices. Importers will also have to pay countervailing duties of 46 to 116 percent to offset government subsidies found by Department of Commerce officials. This decision is the final step in the Dept. of Commerce's self-initiated investigation and marks the first time since 1985 that final duties were issued as a result of an investigation initiated by the government.
For more information on the topic, contact Mike Ochs at mochs@rvia.org or 571-665-5860.