U.S initiates antidumping investigations on steel wheels from China
These investigations were initiated based on petitions filed by Dexstar Wheel, a division of Americana Development, Inc. on August 8, 2018.
In the antidumping duty investigation, Commerce will determine whether imports of certain steel wheels 12 to 16.5 inches in diameter from China are being dumped in the U.S. market at less than fair value.
The alleged dumping margins range from 30.48 to 44.35 percent.
In the countervailing duty investigation, Commerce will determine whether Chinese producers of certain steel wheels 12 to 16.5 inches in diameter are receiving unfair government subsidies.
There are 52 subsidy programs alleged, including preferential lending programs, export credit subsidies, export credit insurance subsidies, export credit guarantees, provisions of goods and services for less than adequate remuneration, direct tax exemptions and reductions, indirect tax exemptions and reductions, and grants.
If Commerce makes affirmative findings in these investigations, and if the U.S. International Trade Commission (ITC) determines that dumped and/or unfairly subsidized U.S. imports of certain steel wheels 12 to 16.5 inches in diameter from China are causing injury to U.S. industry, Commerce will impose duties on those imports in the amount of dumping and/or unfair subsidization found to exist. ■