Five Chinese Aluminum Companies Hit with 200 Percent Countervailing Duties

The U.S. Department of Commerce has determined preliminarily that it will set a countervailable subsidy rate of 201.09 percent for five Chinese aluminum companies to offset subsidies it says are being provided by China to producers and exporters of aluminum extrusions. Jangho Curtain Wall Hong Kong Ltd., Anshan Zhongjda Industry Co. Ltd., Foshan Sanshui Fenglu Aluminum Co., Sihui Shi Guoyao Aluminum Co. and Sincere Profit Ltd. are named in the preliminary results of a countervailing duty administrative review held through the entirety of 2017.

Background

Commerce published a notice of initiation on June 12, 2018, calling for 243 companies named to notify Commerce within 30 days if it had no exports, sales or entries during the period of review. On October 10, 2018, requests for review were withdrawn for all companies except for the five now preliminarily subject to a set countervailable subsidy rate.

What’s Next?

For the companies named in the notice of initiation for which all review requests were withdrawn, Commerce intends to assess duties at rates equal to the rates of the cash deposits for estimated countervailing duties required at the time of entry, or withdrawn from a warehouse for consumption, during the period of review.

Commerce will determine and U.S. Customs and Border Protection (CBP) will assess countervailing duties on all five of the aluminum extrusion producers and exporters. Commerce will issue assessment instructions to CBP 15 days after the publication of the final results of the review.

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1 Response to Five Chinese Aluminum Companies Hit with 200 Percent Countervailing Duties

  1. Tony Montana says:

    Lock them up (along with the Trump family)!

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