{{snicker}} Commerce Secretary Wilbur Ross has announced a decision to delay a Commerce Department decision on Aluminum until sometime before November 30th.
…”Commerce said it would issue its preliminary determination in the aluminum foil case – along with a decision on China’s non-market economy status – by Nov. 30. A final duty determination is expected 75 days later.”…
When you analyze the Trump Doctrine, using economics as leverage for national security objectives, it becomes easier to understand the ebb, flow and timing of Wilbur Ross trade determinations. Economics, trade policy and national security objectives are all connected.
WASHINGTON(Reuters) – The U.S. Commerce Department said on Thursday it would defer issuing its preliminary determination in an anti-dumping duty probe into imports of aluminum foil from China.
The department said in a statement the delay would allow it “to fully analyze information pertaining to China’s status as a non-market economy (NME) country.”
U.S. aluminum foil producers have filed petitions with the U.S. government accusing Chinese manufacturers of dumping the product in the United States. In 2016, imports of aluminum foil from China were valued at an estimated $389 million, department figures show.
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