Britain accuses Chinese producers of ‘unfair’ price dumping of aluminium extrusions
- Trade Remedies Authority recommends provisional tariffs of up to 128.17 per cent while it completes inquiry
- Aluminium extrusions used in the manufacture of air conditioners, cars and windows, as well as mining equipment
The British government has accused Chinese makers of aluminium extrusions used in the manufacture of air conditioners, cars and windows of dumping the metal products at unfair prices in the market and injuring domestic companies.
The Trade Remedies Authority (TRA), an agency created following Britain’s exit from the European Union (EU), has recommended that provisional tariffs, ranging from 9.5 per cent to 128.17 per cent, be put in place to protect UK’s aluminium industry for up to six months while it seeks public comments and completes its investigation. The highest duties will be on Chinese firms that did not cooperate in the inquiry.
The final measures, following the conclusion of the inquiry, would range from 7.3 per cent to 29.1 per cent for non-cooperative firms.
“Our interim report concludes that Chinese exports of aluminium extrusions are being dumped in the UK market at lower prices than they are being sold in China,” TRA CEO Oliver Griffiths said. “The measures will protect UK manufacturers of products used in heating, ventilation and air-conditioning, building and construction, transport and car manufacture.”
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Importers of those Chinese-produced goods will need to provide a bank guarantee to UK tax authorities beginning on May 28, showing they have the ability to pay the new duties.