Tariffs Finalized After Extensive Investigation
The U.S. Department of Commerce has finalized tariffs on aluminum extrusions from 14 countries, following a nearly year-long trade investigation. The imposed duties include antidumping rates ranging from 2.02% to 376.85% and countervailing rates between 1.44% and 168.81%. This investigation was prompted by a petition from the U.S. Aluminum Extruders Coalition and the United Steelworkers union in October 2023.
Key Exporting Nations Impacted
Countries affected by these tariffs include major exporters such as China, India, South Korea, and Mexico, which together accounted for 65% of U.S. aluminum extrusion imports in 2023. Aluminum extrusions are critical for various industries, including construction and automotive, with products like bars, rods, and hollow profiles.
Details of Products and Tariff Assignments
The tariffs cover a range of products, including aluminum bars, rods, tubes, and pipes. The DOC’s decision follows several affirmative rulings, including an antidumping ruling in May 2024 and a countervailing ruling in March 2024. Each country received specific duty rates, with tariffs varying by company based on pricing practices.
Next Steps and Review Process
On September 27, the DOC announced the requirement for cash deposit rates from foreign aluminum extruders, which will undergo further administrative review. This process is expected to conclude within a year. A final vote by the International Trade Commission is scheduled for October 30, potentially impacting the implementation of these tariffs.
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