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The U.
S.
Department of Commerce announced the final ruling on the 27th, ruling that there were dumping and subsidies for aluminum foil products imported from China
.
The US Department of Commerce issued a statement on the same day, saying that the dumping range of relevant Chinese manufacturers was 48.
64% to 106.
09%, and the subsidy range was 17.
14% to 80.
97%.
Based on the final ruling of dumping margin and subsidy range, the U.
S.
Department of Commerce will notify U.
S.
Customs to impose corresponding bonds
on the above-mentioned products produced in China.
In response to a complaint by the Aluminum Association's Trade Enforcement Working Group, the U.
S.
Department of Commerce launched an antidumping and countervailing duty or "double-reverse" investigation
into aluminum foil products imported from China in March 2017.
The U.
S.
Department of Commerce said that the "double-reverse" investigation and ruling on China's aluminum foil products has no impact
on the relevant reports on imported aluminum products that US President Trump is considering.
Last April, Trump directed the Commerce Department to investigate
imports of steel and aluminum under Section 232 of the Trade Expansion Act of 1962.
The U.
S.
Department of Commerce has submitted the above two reports to the White House on January 11 and 19 this year, respectively, and Trump will make decisions
based on the reports before April 11 and 19.
According to the US trade remedy process, whether to impose "double-reverse" tariffs on Chinese aluminum foil products will need to be decided by another agency, the US International Trade Commission
.
According to the schedule, the committee will make a final ruling
around April 12, 2018.
If the agency determines that the above-mentioned Chinese products cause substantial damage or threat to relevant US industries, the United States will formally impose "double-reverse" tariffs
.
If the agency makes a negative final ruling, the investigation will cease and the tariffs will not be imposed
.
According to the U.
S.
Department of Commerce, U.
S.
aluminum foil imports from China were worth about $389 million
in 2016.
Previously, China's Ministry of Commerce has repeatedly expressed the hope that the US government will abide by its commitment to oppose trade protectionism, jointly safeguard a free, open and fair international trade environment, and properly handle trade frictions
in a more rational way.