Total 3 Posts
California Companies Ordered to Pay Almost $2 Billion on Sham Sales of Chinese Aluminum in the United States
Six California companies were ordered by a U.S. District Court Judge to pay $1.83 billion in restitution because of a scheme to conduct sham sales designed to avoid customs duties and inflate the value a Chinese company.
The European Commission has adopted [https://trade.ec.europa.eu/doclib/press/index.cfm?id=2310] definitive anti-dumping measures on imports of flat-rolled aluminum products from China, but suspended their application temporarily for 9 months. The level of the anti-dumping duties ranges from 14.3% to 24.6%. One interesting
On June 21, the newly created UK Trade Remedies Authority (TRA) initiated its first case in response to an application from the domestic industry, against aluminium extrusions from China. As the TRA explained in a press release [https://www.gov.uk/government/news/tra-opens-first-case-in-response-to-application-from-uk-industry] : "Aluminium extrusions are commonly used in