United States Cancellation of anti-dumping duties on this Chinese product

Tariff (concrete fixing bolts)

Recently, the U.S. International Trade Commission voted to rule that tin-plated steel imported from China, Germany, Canada and other countries “will not harm” the interests of U.S. domestic steel companies, and decided to cancel the anti-dumping duties levied on these imported products. (concrete floor anchors)

At the same time, the commission also canceled an anti-dumping investigation into tin-plated steel imports from South Korea.(Galvanized Wedge Anchors)

Dumping duties on tin-plated steel commonly known as “tinplate” (Trubolt Wedge Anchor)

According to Reuters, the vote overturned the U.S. Department of Commerce’s decision to impose anti-dumping duties of 2.69% to 6.88% on tin-plated steel from South Korea, Germany and Canada, and revoked the 122.5% anti-dumping tax on Chinese tin-plated steel and the anti-dumping duties on Chinese steel. The manufacturer’s decision to impose countervailing duties exceeding 330%. (Concrete Wedge)

Tin-plated steel, commonly known as “tinplate”, is widely used as a container material for packaging food, paint, hair spray and other consumer products.(Full Threaded Rod)

Countervailing duties imposed on Chinese steel manufacturers on January 5, 2024 (Short Threaded Rod)

On January 5, 2024, the U.S. Department of Commerce made a final ruling and decided to impose anti-dumping duties on tinplate imported from China, South Korea, Canada and Germany, and impose countervailing duties on Chinese steel manufacturers.(Chemical Anchor Sleeves)

On February 6, USITC made a final decision on whether to impose the above tariffs. The Consumer Brands Association, a U.S. industry group, estimates that canned food prices could rise by up to 30% if new tariffs are actively implemented. (Galvanized Flat Washer)

Reuters believes that the U.S. International Trade Commission’s ruling overturned the U.S. Department of Commerce’s previous decision and dealt a blow to U.S. steel manufacturer Cleveland-Cliffs and the United Steelworkers.(Stainless Steel Drop In Anchors)

Cleveland-Cliffs issued a statement expressing “regret” for the U.S. International Trade Commission’s final decision.(tee nuts for wood)

It was they who filed a complaint with the U.S. Department of Commerce last year, requesting the imposition of tariffs because they believed that tinplate dumped at low prices had impacted the domestic industry. However, the company added that it would respect the commission’s ruling. (Stub Pin Wholesale)

“This is a huge victory for American consumers and manufacturers,” said Madrecchi, vice president of the Consumer Brands Association. The American Can Manufacturers Association also praised the committee’s decision, reiterating that Cleveland-Cliffs’ application was “completely without merit.” (C Channel)

In addition, Reuters stated that tinplate products imported from China, South Korea, Taiwan, and Turkey are still subject to the 25% steel tariff imposed by the U.S. government in 2018 based on the results of the “232 investigation.”(Galvanized Strut Channel)