If your company imports parts or shapes manufactured from aluminum extruded in China, your company may be liable for significant antidumping and countervailing duties.

On May 26, 2011, the U.S. Department of Commerce (DOC) imposed antidumping (AD) and countervailing duty (CVD) orders on aluminum extrusions from China. AD and CVD duties are imposed as a special tariff on imported merchandise to counteract alleged unfair pricing of imported merchandise and unfair subsidization of imported merchandise by foreign governments. In this case, the DOC has estimated AD margins as high as 33.28 percent, and CVD margins as high as 374.15 percent, depending on the identity of the Chinese exporter. Any imported product covered by the AD/CVD orders must be accompanied by cash deposits equal to the combined applicable estimated AD and CVD margins. Furthermore, any such imports are subject to potential review at a later date, and the ultimate antidumping duty owed could be either higher or lower than the cash deposit rate.

Source: Customs & Trade Alert
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