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            november 15, 2019

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US Commerce seeks all-country aluminum import tariff that hits China


The US Commerce Department has recommended that President Donald Trump impose tariffs on aluminum imports from all countries, including China, reports Bloomberg.
Imposing tariffs on such widely used commodities may trigger retaliatory measures from China, the world's biggest producer of steel and aluminum.
Commerce proposed a 7.7 per cent tariff on all aluminum imports and 23.5 per cent on the metal when it comes from China, Russia, Venezuela and Vietnam, according to people familiar with the recommendation.
The department also proposed an aluminum quota of 86.7 per cent of 2017 exports, they said.
Trump instructed the Commerce Department last year to probe whether imports of steel and aluminum represent a threat to US national security.

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