Commerce Tags 4 Countries With Initial Duties On Steel Parts
Law360 (May 20, 2020, 3:28 PM EDT) -- The U.S. Department of Commerce placed early duties on steel parts from China, Germany, India and Italy, finding that the products are being unfairly subsidized by the countries' governments, according to a Wednesday announcement.
Commerce said it preliminarily found that foreign exporters of forged steel fluid end blocks that are used to make hydraulic pumps from these four countries are receiving subsidies at rates ranging from 3.05% to 138.53%
The department's preliminary findings hand an early victory to the FEB Fair Trade Coalition that petitioned the government in December to investigate claims that foreign exporters are engaging in unfair trade practices....
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