US countervailing duty assessments to consider currency subsidies
“The Trump administration is taking action to level the playing field for American businesses and workers,” Commerce Secretary Wilbur Ross said.
“The Trump administration is taking action to level the playing field for American businesses and workers,” Commerce Secretary Wilbur Ross said.
U.S. Customs and Border Protection said the 73% collected-duty increase over last year was mostly the result of ongoing punitive import duties on steel, aluminum and Chinese goods.
“This new module will make it easier for Commerce and CBP to monitor and uphold our trade laws,” Executive Assistant Commissioner Brenda Smith of CBP’s Office of Trade said.
Chinese billionaire Liu Zhongtian, former president of China Zhongwang Holdings Ltd., was indicted by federal court in Los Angeles for allegedly evading $1.8 billion antidumping and countervailing duties on aluminum shipments.