The United States on Friday imposed steep new tariffs on nearly $2 billion in aluminum from 18 countries the Commerce Department accuses of dumping into the American market, including Germany, Spain and Brazil.
Commerce Secretary Wilbur Ross said China was not on the list but is partially responsible for the flood of aluminum sheet imports that could undermine domestic producers.
“What’s really been happening, actually, is Chinese excess capacity has been dumped into other markets. That, in turn, displaces production which gets dumped here,” Ross said on Fox Business Network.
“It’s a very complicated setup but the net effect is a lot of dumping in the US, and that’s what we’re clamping down on.”
Germany and Brazil face the steepest tariffs of close to