The association noted that the U.S. aluminum industry is globally competitive and growing.
SEATTLE (Scrap Monster): The Aluminum Association, in its testimony before the U.S. International Trade Commission (USITC) on the economic impacts of Section 232 and Section 301 tariffs programs, urged the U.S. administration to ramp up efforts to combat state-owned aluminum manufacturing in China.
Charles Johnson, president & CEO of the Aluminum Association alleged that the rampant use of industrial subsidies in the aluminum sector by the Chinese administration has distorted the global aluminum market.
The association noted that the U.S. aluminum industry is globally competitive and growing. However, the industry has faced a distorted global market in recent years, driven by the unprecedented growth in subsidized and state-owned aluminum production in China.
The U.S. antidumping and countervailing duty laws have been successful to a certain extend in providing relief to the U.S. aluminum industry from unfairly priced and dumped aluminum. It highlighted the need to increase the 301 tariffs, which have played a key role in addressing state subsidized capacity. Additionally, the Section 232 tariffs have provided some level of stability for aluminum firms up and down the value chain.
The Association will submit written comments highlighting the need for stronger trade enforcement.
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