Trade Cases
China Tool Chests Hit with CVD Duties by Commerce
Written by Sandy Williams
November 28, 2017
Imports of tool chests and cabinets from China will likely be subject to countervailing duties once the International Trade Commission makes its final injury determination. The U.S. Commerce Department issued its affirmative final determination on Nov. 22, calculating final subsidy rates ranging from 14.03 percent to 95.96 percent. As a result of this decision, Commerce will instruct U.S. Customs and Border Protection (CBP) to collect cash deposits from importers of tool chests and cabinets from China based on these final rates.
“The unfair government subsidization of products is something the Department takes very seriously,” said U.S. Commerce Secretary Wilbur Ross. “We will continue to take action on behalf of U.S. industry to defend American companies, their workers, and our communities adversely impacted by unfair imports.”
The scope of this investigation covers certain metal tool chests and tool cabinets, with drawers, from the People’s Republic of China. The petitioner in the case is Waterloo Industries, located in Missouri.
The ITC is currently scheduled to make its final injury determination by Jan. 8, 2018. If the ITC makes an affirmative final injury determination, Commerce will issue a CVD order.
Enforcement of U.S. trade law has been a prime focus of the Trump administration. Year-to-date, Commerce has initiated 77 antidumping and countervailing duty investigations, a 61 percent increase from 48 in the previous year.
Sandy Williams
Read more from Sandy WilliamsLatest in Trade Cases
US and Canada expect positive outcomes from tariff negotiations
Canadian Prime Minister Mark Carney and US President Donald Trump told reporters at the White House on Tuesday that they’ll be formulating a trade deal that works for both nations.
Leibowitz: When the shutdown should end
There is no doubt that the current government shutdown reflects the vast divisions between the extremes of American politics, society, and even geography. Almost all Americans agree that government is necessary, but voters disagree...
Price: The U.S. Steel shutdown that wasn’t and a call to stop ‘valuation cheating’
How can the U.S. government block U.S. Steel’s Granite City rolling mill closure without harming other American steelmakers? Reducing imports should be the first step. Foreign producers continue to aggressively target the U.S. market, especially now as they find themselves displaced by Chinese exports.
US steel industry applauds ITC final determination in coated trade case
Domestic mills praised the US International Trade Commission’s (ITC's) final determination that imports of corrosion-resistant (CORE) steel from 10 countries pose a threat to them.
ITC’s final ruling: Dumped, subsidized CORE imports are harming domestic market
The US International Trade Commission (ITC) finds that corrosion resistant steel (CORE) imports from 10 countries have caused material damage to domestic product producers, according to the ITC’s statement.