The U.S. Commerce Department said on Wednesday it imposed duties on Chinese and ...
FILE PHOTO: Workers install steel beams to a new apartment building on New York City's lower East Side in Manhattan, January 11, 2016. REUTERS/Mike Segar
The department said it imposed duties of up to 141% on Chinese structural steel and up to 31% on Mexican structural steel and will begin collecting cash deposits for imports based on those rates. Most Chinese steel products have largely been excluded from the U.S. market by prior Commerce Department anti-dumping duties and President Donald Trump’s 25 percent punitive tariffs. The latest order seeks to prevent Chinese downstream structural steel assemblies from skirting those duties and entering the United States.
The department is scheduled to release final anti-dumping duties in its fabricated structural steel investigation on or about Jan. 24, 2020. The U.S. International Trade Commission needs to find that American steel fabricators suffered injury from Chinese and Mexican imports for the duties to be locked in place for a five-year period.
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