troubled times

The Biz

The US International Trade Commission (ITC) Friday issued its final decision in the antidumping and countervailing duty investigations into common alloy aluminium sheet from China, affirming the Trump Administration’s tariffs of up to 176%.

The National Marine Manufacturers Association (NMMA) was among trade groups urging the government to remove all duties on aluminium sheet because of the ruinous effects on boatbuilders.

“The ITC’s approval of the 96.3% to 176.2% duties on common aluminium sheet from China makes it clear that the commission and administration are not concerned by the downstream fallout of this action – consequences that have been taking a toll on multiple American industries, including marine manufacturing since the US Department of Commerce self-initiated these investigations nearly a year ago,” said NMMA president Thom Dammrich in a statement. “Unfortunately, the antidumping and countervailing duties are on top of the Trump Administration’s 10% tariff on virtually all aluminium imports.”

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