USW Notes Findings Of Other Subsidies In Exports Of Aluminum Extrusions
The United Steelworkers (USW) said today it is pleased by the U.S. Department of Commerce’s announcement of an affirmative, preliminary determination in the countervailing duty investigation of aluminum extrusions from China, but extremely disappointed that its undervalued currency was found not to be subject to tariffs. This decision applies to both the soft aluminum extrusion investigation and the coated paper investigation against China.
“We deeply regret that the Commerce Department failed to use the anti-subsidy law as it was intended to utilize the anti-subsidy law, as was intended, to protect American workers and companies,” said USW International president Leo W. Gerard. “The decision flies in the face of the consensus that China is, in fact, undervaluing its currency by as much as 40 percent and ignores the thorough economic and legal analysis that was provided several months ago by the USW and the companies.”
The USW has 2,000 members working in aluminum extrusions and 10,000 in coated free sheet paper ... more