Import of aluminium foil from a number of countries causes serious damage to the U.S. economy, said the U.S. Federal Commission on International Trade.
According to the commission, there is “reasonable evidence” that the U.S. industry has been “severely damaged” by the import of aluminum foil from Russia, Armenia, Brazil, Oman and Turkey. This foil is believed to be “sold in the United States at an undervalue”.
The Commission intends to make a preliminary decision on the introduction of compensatory duties by December 23, and antidumping duties by March 8. The investigation has been under way since late September, and it was initiated due to an appeal of the American aluminum producers association.
In October it was reported that the United States was studying the possibility of setting new duties on import of aluminum foil from Russia, Armenia, Brazil, Oman and Turkey. In 2018, U.S. President Donald Trump introduced duties on imports of steel and aluminum in the United States.